Syz Capital of Switzerland will restart the BTC Alpha Fund investment fund from October 1. This fund aims to raise 2,000 Bitcoin with a market-neutral investment strategy, only charging fees based on performance.
The fund has received a commitment of 1,800 Bitcoin from family offices, high-net-worth individual investors, and businesses. Coinbase Institutional was chosen as the custodian and prime broker, while liquidity is opened quarterly.
MAIN CONTENT
Syz Capital will restart the BTC Alpha Fund on October 1 with a target of 2,000 Bitcoin.
Market-neutral investment strategy and performance-based management fees.
Coinbase Institutional is the custodian and broker, opening liquidity quarterly.
What is the BTC Alpha Fund of Syz Capital and what are its fundraising goals?
BTC Alpha Fund is a cryptocurrency investment fund focused on Bitcoin, using a market-neutral strategy to limit price volatility risks. Syz Capital aims to raise 2,000 Bitcoin, equivalent to about 200 million USD.
The restart of this fund on October 1 marks a step forward in attracting capital from high-net-worth individuals and institutions, enhancing stability and long-term profitability.
What is special about the fund's operating strategy and management fees?
The fund applies a market-neutral strategy, focusing on balancing risk and returns rather than relying on Bitcoin price trends. Fees from the fund are only charged based on investment performance, creating an incentive for effective asset management.
This ensures investors are assured of transparent fee levels, avoiding unnecessary fixed fees while increasing competitiveness in the cryptocurrency asset management market.
Who is the custodian and broker for the fund, and what is the liquidity mechanism?
Coinbase Institutional has been chosen as the custodian and prime broker for BTC Alpha Fund, enhancing asset security and professional trading services.
The open fund has periodic liquidity every quarter, allowing investors the opportunity to withdraw or reinvest capital according to a clear cycle, increasing flexibility and risk control in the portfolio.
Collaborating with Coinbase Institutional helps the fund enhance safety standards and optimize trading capabilities in the highly volatile cryptocurrency market.
Statement from Syz Capital representative, 2024
Frequently Asked Questions
What type of investment fund is BTC Alpha Fund?
This is a Bitcoin investment fund with a market-neutral strategy, focused on risk control and optimizing returns.
Does the fund charge a fixed management fee?
No, the fund only charges fees based on investment performance, which is transparent and fair to the investors.
Who manages the assets of the fund?
Coinbase Institutional is responsible for custody and brokerage, ensuring asset safety and trading efficiency.
How is the fund's liquidity opened?
The open fund has periodic liquidity every quarter, facilitating flexible withdrawals or reinvestments.
How much Bitcoin has the fund raised?
There has been a commitment of 1,800 Bitcoin from individual and large institutional investors.
Source: https://tintucbitcoin.com/bitcoin-syz-capital-huy-dong-200-trieu-usd/
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