FT: Brevan Howard's crypto fund said to lose 30% in worst year since inception

BH Digital Asset underperformed bitcoin, which lost 6% in 2025. What to know : Brevan Howard's cryptocurrency fund fell almost 30% in 2025 as the bitcoin bull run faltered, according to the FT. The loss was the fund's worst performance since its inception in 2021. BH Digital Asset, which invests in crypto tokens and digital asset-related companies, enjoyed gains of 43% and 52% in 2023 and 2024, respectively.