According to news on December 21, according to data disclosed by data provider Hedge Fund Research, funds using encryption strategies rose by 46% in November, with annual returns reaching 76%. The returns of these fund companies far exceed 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 craze. Brevan Howard’s crypto fund, with $35 billion in assets, has risen 51% so far in 2024; Galaxy It rose 90% and assets more than doubled to $4.8 billion. Brevan Howard Asset Management and Galaxy have so far declined to comment on the earnings performance of their crypto funds.