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The Crypto Index Fund - My Secret Weapon!Of those funds, 70% manage more than US$1 billion. More than two-thirds (71%) of the traditional hedge funds surveyed are not currently invested. If you're strictly looking for a cryptocurrency mutual fund, the closest option is Bitcoin Strategy ProFund. It doesn't invest directly in Bitcoin, but it. Crypto Hedge Funds: Actively managed funds that seek to generate returns by trading cryptocurrencies. Crypto Venture Capital Funds: Invest in early-stage.