Deep Tide TechFlow News, on July 24, according to CoinDesk, Joe McCann announced the gradual shutdown of Asymmetric's Liquid Alpha fund due to a significant decline in the fund's value this year, with unverified rumors suggesting a drop of up to 78%. McCann stated that the fund's strategy "no longer aligns with LP interests," and Asymmetric will abandon its liquidity trading strategy to focus on long-term investments in blockchain infrastructure.

Investors can choose to ignore the lock-up period and exit, or transfer their funds into a new illiquid investment structure. Despite the troubles of Liquid Alpha, other divisions of Asymmetric, particularly its venture capital strategy, remain intact and will continue to support early-stage blockchain projects.