Crypto Funds Vs Bitcoin Holders: Who Was The Better Performer In H1 2023

Crypto Funds Vs Bitcoin Holders: Who Was The Better Performer In H1 2023
A new report has shown investors who held Bitcoin actually outperformed most cryptocurrency funds in the first half of 2023. This is because, between January and June, Bitcoin gained over 80% in value.  Crypto funds, on the other hand, on the other hand, returned only about 15.2% profits on average. While still a positive return, it lagged far behind what regular Bitcoin investors made by just buying and sitting tight.  21e6 Capital’s Crypto Fund Performance in H1 2023 According to a recently released report from Switzerland-based investment adviser 21e6 Capital AG, Bitcoin traders outperformed most crypto funds by 68.8% in H1. Related Reading: Binance Celebrates Significant Milestone After Six Years In Operation This is not surprising, as BTC was one of the best-performing crypto assets in the first half of 2023, seeing massive gains from prospects of the SEC approving a Spot Bitcoin ETF. The price of Bitcoin started the year around $15,500 and climbed to over $31,400 in July. Crypto funds on average generated 15.2% return in the first half of 2023 lol pic.twitter.com/vb8pwYfiX9 — Alex Krüger (@krugermacro) August 5, 2023 Bitcoin ..

Support the originator by clicking the read the rest link below.