Tetras Capital Shuts Down Crypto Hedge Fund After 75% Loss

Tetras Capital Shuts Down Crypto Hedge Fund After 75% Loss

Alex Sunnarborg, managing partner at Tetras Capital (CoinDesk archive)

Cryptocurrency hedge fund Tetras Capital is calling it quits.

Tetras Capital’s closure adds to a growing line of cryptocurrency hedge funds folding after crypto prices slid from peak highs in 2017. 

The fund launched in 2017 with a focus on altcoins, Tetras Capital co-founder Alex Sunnarborg said in a 2019 . 

Requests for comment from Tetras Capital, Sunnarborg, Bernstein and Garrambone were not returned by press time.

Why Debt Financing May Be a Double-Edged Sword for Bitcoin Miner Bitfarms

Previous

Gold Reaches All-Time High as Bitcoin Breaks Above $11k

Next

More