Tetras Capital Shuts Down Crypto Hedge Fund After 75% Loss

Cryptocurrency hedge fund Tetras Capital is calling it quits.

Tetras Capital’s closure adds to a growing line of cryptocurrency hedge funds folding after crypto prices slid from peak highs in 2017. 

The fund launched in 2017 with a focus on altcoins, Tetras Capital co-founder Alex Sunnarborg said in a 2019 Forbes interview

Requests for comment from Tetras Capital, Sunnarborg, Bernstein and Garrambone were not returned by press time.

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Be the first to comment

Leave a Reply