Some crypto hedge funds are beating bitcoin while equity funds struggle

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Quick Take
- Crypto hedge funds appear to be giving their counterparts in equities a run for their money
- Since the beginning of the year, a number of noteworthy crypto funds have beat bitcoin, including Polychain and Pantera Capital
- Meanwhile, as investors exit equity positions, large firms like Bridgewater Associates see double-digit losses in certain funds.
Several crypto hedge funds have been outperforming bitcoin while equity funds like Bridgewater and Schonfeld struggle.
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