Crypto Market Update – July 2023

July has been a pivotal month in the #crypto landscape: PayPal takes a significant leap into the stablecoin arena by launching PYUSD, a dollar and treasuries-backed stablecoin, enhancing its offerings for its vast customer base. Worldcoin makes waves as its Mainnet...

Crypto Market Update – June 2023

Exciting things are happening in the #crypto world: EDX Markets Crypto Exchange has officially launched, backed by industry giants like Fidelity, Schwab, and Citadel. Spot Bitcoin ETFs are gaining traction, with major players applying to the SEC: BlackRock, the...

Crypto Market Update – May 2023

Crypto Market Update: May 2023 May was crypto’s worst month so far for 2023. The peer group S&P Cryptocurrency BDM Ex-MegaCap Index (“SPCBXM”) and the Bloomberg Galaxy Crypto Index (“BGCI”) also saw declines. There were a number of factors that contributed...

Crypto Market Update – April 2023

April started off on a high note with BTC reaching 30k but ultimately settling back around 27k which put the fund somewhat slightly negative. Altfund Liquid Strategy (Altfund LS) slightly underperformed BTC and BGCI, but fared slightly better than S&P BDM...

Crypto Market Update – March 2023

We are pleased to report that Altfund’s Liquid Strategy had a successful March 2023, generating another positive return. March and April were eventful months for both traditional finance and the crypto markets, with significant developments taking place. We...