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According to Coindesk, Arca, a crypto hedge fund with around $500 million in assets under management, came close to doubling sales of its flagship fund in one year. The Arca Digital Assets Fund, which invests in the tokens of crypto companies, had raised $191.7 million as of Oct. 24, up from $109 million at the beginning of October 2021, the firm said in a filing this week with the U.S. Securities and Exchange Commission. The number of investors in the fund, which is still open to new investors, increased from 333 to 576 between the filings.

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【Crypto hedge fund Arca nearly doubles sales for flagship fund】According to Coindesk, Arca, a crypto hedge fund with around $500 million in assets under management, came close to doubling sales of its flagship fund in one year. The Arca Digital Assets Fund, which invests in the tokens of crypto companies, had raised $191.7 million as of Oct. 24, up from $109 million at the beginning of October 2021, the firm said in a filing this week with the U.S. Securities and Exchange Commission. The number of investors in the fund, which is still open to new investors, increased from 333 to 576 between the filings.

Crypto hedge fund Arca nearly doubles sales for flagship fund

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