Vision Hill Advisors has introduced a benchmark framework for the cryptoasset industry. According to the report, crypto hedge fund managers outperformed bitcoin by 560 bps during the second quarter of 2018. Based on 35 data points, Vision Hill found that the median quarterly return for managers was -4.3 percent during Q2’18, whereas bitcoin’s quarterly return amounted to -9.9 percent over the same time period. The median return for passive indexing strategies was -4.4 percent while fundamental long/short funds returned - 5.3 percent. Vision Hill plans to track crypto funds across five segments: fundamental, quantitative, venture, smart beta, and opportunistic on a quarterly basis.