Tetras Capital Shuts Down Crypto Hedge Fund After 75% Loss

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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 Forbes interview. 

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

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