How Crypto Hedge Funds Bet On Ether Price Movements Around The Merge

Ethereum

When Three Arrows Capital went out in a spectacular blaze, it shined a light on crypto hedge funds, and not in a good way. However, there are hundreds of other hedge funds focused on cryptocurrency. In fact, a large number of fund managers raced to bet on the Ethereum blockchain’s Merge, which transitioned it from proof-of-work to proof-of-stake.