Crypto Agency Arca Closed Its Terra-Uncovered Digital Yield Fund

Crypto Agency Arca Closed Its Terra-Uncovered Digital Yield Fund

by Jeremy

Crypto hedge fund Arca shuttered its Digital Yield Fund lower than a yr after its launch because of the broader market downturn, a supply near the agency advised CoinDesk. The fund had barely over $20 million in property below administration on the time of its closure, and the capital was returned to buyers, in accordance with the supply.

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