Report: Neutral Strategy Funds Hold Over 90% of Capital on Binance's Fund Allocation Platform
November 11: Binance Research released a report stating that as of October 31, neutral strategy funds on Binance's crypto fund discovery and allocation platform Capital Connect accounted for less than half of the fund count but held 92.1% of the capital; directional strategy funds accounted for 44.3% of the fund count but only 6.7% of assets under management. The average allocation size of neutral strategies was about 11 times that of directional strategies. The report shows that Bitcoin fell 7.2% in October, but directional funds on the platform posted an average return of 1.9%, and the number of investors rebounded to 52. All allocators interviewed said verified exchange data helps with due diligence, and 80% put asset safety first. Binance Research believes that institutional capital has already entered the crypto market at scale, but mainly flows into passive products such as ETFs, and the industry still lacks channels for discovering and evaluating active fund managers.