Crypto Firm Arca Closed Its Terra-Exposed Digital Yield Fund

Crypto Hedge Fund Arca Nearly Doubles Sales for Flagship Fund Despite LUNA Exposure

Crypto hedge fund Arca shuttered its Digital Yield Fund less than a year after its launch due to the broader market downturn, a source close to the firm told CoinDesk. The fund had slightly over $20 million in assets under management at the time of its closure, and the capital was returned to investors, according to the source.

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