Benchmark for Cryptoasset investment (Crypto Hedge Funds Alpha)

[yvesbarry]

Hello, Fellow blockchain enthusiasts,

With all the Crypto hedge funds popping up these days, it's become hard to determine which generates "alpha", especially since there doesn't seem to be any clear benchmark admitted by all in the crypto sphere.
I recently heard about the CRypto IndeX- CRIX, which seemed to fit the definition of a benchmark.
What do you guys think? Do you know of any benchmarks which we could use to determine whether or not a crypto hedge fund is creating alpha?

Thanks

[jackg]

Why use hedge funds when you ca. Use the underlying asset...?

Grayscale seems to get mentioned a lot now and I think coinbase have a version of a hedge fund too (where you buy premade "baskets" of different currency thst actually tracks the price - I think it was coinbase anyway)...