Why crypto hedge funds could soon become pod shops

The multi-strategy model pioneered by traditional hedge fund giants like Millennium and Point72 is making its way into crypto, as fund managers face pressure to diversify across uncorrelated strategies in an increasingly volatile market. Experts argue that no single trading strategy can sustainably capture the full opportunity set in crypto — a structurally fragmented and fast-shifting market — and that firms failing to adapt risk closure in the coming years.

Re7 Capital is highlighted as one of the first movers, having launched a new multi-strategy fund in Q4 2025. The broader shift mirrors the institutionalisation of traditional hedge funds over the past three decades, with crypto now seeing the same structural forces at work as assets under management in multi-strategy funds globally have grown from $91 billion in 2010 to $428 billion as of October 2025.

For the full article, read here: Financial News London