Brevan Howard's cryptocurrency fund fell 30% in 2025.

According to reports from sources familiar with the matter quoted by the media, the BH digital asset fund under Brayden Howard plummeted by about 30% in 2025, marking the most severe annual decline since the fund was established in 2021. The fund achieved a 43% return in 2023 and a 52% return in 2024, but suffered a major blow last year. The reason was a sharp drop in technology stocks facing disruptive risks due to the impact of artificial intelligence, causing a ripple effect on cryptocurrency assets as well.