just 20 new firms entered the space during the first quarter, and nine others shut their doors due to market headwinds that made it difficult for even large funds to attract new investors.
this " nine others shut their doors " reminded me that these funds are managed by people who consider themselves bitcoin experts, then these experts who both make very high price prediction. but the some expert letting funds go bankrupt? Where is the expert factor?
but it has not prevented the sheer number of these cryptocurrency funds — and the size of their assets under management (AUM) — from swelling to record levels.
Of course this would not prevent anything because they would buy even cheaper
