On December 21, according to data provider Hedge Fund Research, funds using encryption strategies had a 46% increase in November, with an annual return rate of 76%. These fund companies' returns far exceeded the industry average (10% in November). Among them, Brevan Howard Asset Management and Galaxy Digital, a cryptocurrency investment management company founded by billionaire Mike Novogratz, were the biggest winners in the recent cryptocurrency boom. Brevan Howard's encrypted fund, with assets of $35 billion, has risen 51% since 2024; Galaxy has risen 90%, with assets increasing more than doubled to $4.8 billion. As of now, Brevan Howard Asset Management and Galaxy have refused to comment on the performance of their encrypted funds.