PwC and Elwood Asset Management (Elwood) have published a report examining the global crypto hedge fund landscape. The report is based on data from research in the first quarter of 2019 on 100 of the largest global crypto hedge funds by AuM.
The report highlights that the average crypto hedge fund AuM as of Q1 2019 is USD21.9 million. Over 60 per cent of crypto hedge funds have less than USD10 million in AuM with fewer than 10 per cent managing over USD50 million.
The data highlights that crypto hedge funds have been able to increase their AuM three times in 2018 despite market conditions, with the median crypto hedge fund AuM having grown from USD1.2 million as of January 2018 (the median launch date for crypto hedge funds) to USD4.3 million at the end of Q1 2019.