TechFlow news — According to Coindesk, Tetras Capital, a cryptocurrency hedge fund focused on altcoins, has announced its closure and will return funds to investors. Sources indicated that since its founding in 2017, Tetras Capital has consistently underperformed, losing approximately 75% of its capital. Financial filings show that Tetras Capital once managed over $33 million for more than 60 investors, each contributing at least $100,000. Last year, Alex Sunnarborg, co-founder of Tetras Capital, said in an interview with Forbes that Tetras Capital was a hedge fund dedicated to altcoins.
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