How Two Prime’s Crypto Fund Beat Bitcoin in August — CoinDesk

How Two Prime’s Crypto Fund Beat Bitcoin in August — CoinDesk

The fund, which has assets under management of $40 million, saw year-to-date returns through the end of August rise 183% (net of fees) vs. bitcoin’s raw gain of 62%. The trailing 12-month returns of the fund through Aug. 31 jumped 537% (net of fees) vs. bitcoin’s 313% rise, according to a source with direct knowledge. The Digital Assets Fund uses a derivatives overlay to hedge net long BTC and ETH delta exposure, according to an investor deck.

Originally Posted on: https://www.coindesk.com/business/2021/10/02/how-two-primes-crypto-fund-beat-bitcoin-in-august/
By: Josh Fineman

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