Brevan Howard Asset Management has pulled off the largest crypto hedge fund launch yet. The firm’s flagship digital assets-focused vehicle raised more than $1 billion from institutional investors, according to four sources with knowledge of the matter — with the vast majority of the lofty haul timed with the fund’s launch earlier this year. The fundraise by BH Digital, the unit that oversees Brevan’s voluminous crypto trades, would rank annually among the upper echelons of even conventional hedge fund strategies. By digital asset standards — considering overall market capitalizations are far lower — it’s an ... (full story)