Brevan Howard Asset Management's cryptocurrency fund, BH Digital, has seen a significant rise of 34.5% in the first quarter of this year, bringing its total gains since inception in March 2022 to nearly 51%. This performance stands out as a bright spot for the hedge fund firm, which has otherwise faced losses in macro trades this year. BH Digital manages around $1.7 billion of assets.

Brevan Howard Asset Management’s cryptocurrency fund is currently a bright spot for the hedge fund firm, which lost money on macro trades this year.BH Digital, which manages around $1.7 billion of assets, returned 34.5% in the first quarter of this year, according to people familiar with the matter. That brings total gains since the fund started trading in March 2022 to nearly 51%, one of the people said. 

Brevan Howard's Crypto Fund Gains 35% Amid Macro Trading Losses