Data: Pythagoras BTC Fund outperforms Spot ETF with a 230% increase this year

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CoinVoice has learned from the latest news that Alpha Long Biased strategy fund under the investment management company Pythagoras has performed well since its launch, with a year-to-date increase of 230% (206% after deducting fees), outperforming BTC except for two months. The fund was launched several weeks before the approval of SpotBTC ETF in January 2024.

The fund investment portfolio adopts a three-part allocation: one third is allocated to BTC core Holdings, one third is used for trend tracking strategy (flexibly adjusted to 2 times leverage according to market conditions), and the remaining one third is allocated to market-neutral, beta-neutral, and dollar-neutral long-short strategies. Mitchell Dong, the founder of the fund, stated that the product aims to provide investors with investment options superior to SpotBTC ETF.

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