According to the Financial Times, Trump’s victory has driven a strong rebound in Bitcoin, resulting in substantial profits for some cryptocurrency hedge funds. According to Hedge Fund Research, funds using cryptocurrency strategies rose by 46% in November, with an annual return rate of 76%, far exceeding the industry average (10% in November). Among the biggest winners in the recent crypto surge are Brevan Howard Asset Management and Galaxy Digital, a cryptocurrency investment management firm founded by billionaire Mike Novogratz. Brevan Howard's crypto fund assets reached 35 billion, having increased by 51% so far in 2024; Galaxy rose by 90%, doubling its assets to 4.80 billion. However, Brevan Howard and Galaxy declined to comment on the performance of their crypto funds.

PANews reported on December 21 that according to the Financial Times, Trump's victory has driven a strong rebound in Bitcoin, allowing some cryptocurrency hedge funds to "make a fortune." According to data disclosed by data provider Hedge Fund Research, funds using encryption strategies rose 46% in November, with an annual return rate of 76%. The returns of these fund companies far exceeded the industry average (10% in November).
 Among them, Brevan Howard Asset Management and Galaxy Digital, a cryptocurrency investment management company founded by billionaire Mike Novogratz, are the biggest winners in the recent crypto boom. Brevan Howard's crypto fund, which has $35 billion in assets, has risen 51% so far in 2024; Galaxy has risen 90%, with assets more than doubling to $4.8 billion. However, Brevan Howard Asset Management and Galaxy have declined to comment on the performance of their crypto funds.

Trump's victory drives Bitcoin rebound, crypto funds outperform traditional funds