It’s well established that Ethereum is the current darling of the crypto world.
It has enabled countless companies to raise money for countless projects, many of which would not have been considered by traditional venture capitalists and investors. As a result, the value of Ethereum has skyrocketed as it has become a viable store of value.
As the Dow Jones Industrials gave up nearly 400 points on the first day of March, AMF crypto currency hedge fund gains 7.66% during the first trading day of the month. Massive amounts of capital came into the crypto markets the day after the last day of February as fund redemptions dampened any sort of rally in the space.