New Crypto Hedge Fund Says Don't Be Fooled by Digital Asset Rout

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The collapse in digital asset values this year is obscuring the growing use of cryptocurrencies among consumers and investors.

That’s the view of the four founders of Circuit Capital, a new cryptocurrency hedge fund based in San Francisco and Singapore that will launch by January. The group of two Silicon Valley venture capitalists, a former Deutsche Bank AG trader and a private-equity analyst, have developed an index to track the take up of digital assets.