According to CoinDesk, Hyperion Decimus, a digital asset manager, has announced the launch of the HD CoinDesk Acheilus Fund. This fund will utilize a blend of quantitative and macroeconomic signals to alternate between cryptocurrency tokens and cash. CoinDesk Indices' proprietary Bitcoin Trend Indicator (BTI) and Ether Trend Indicator (ETI) will be among the signals used, as stated by Hyperion.

Chris Sullivan, co-founder and portfolio manager for Hyperion Decimus, expressed that institutional investors are currently looking for alpha opportunities that can only be achieved through systematic risk-managed strategies. He added that the shift towards active management in digital assets is happening rapidly, and Hyperion Decimus is uniquely positioned to provide a disciplined, outcome-driven cryptocurrency investment strategy.

Alan Campbell, president of CoinDesk Indices, stated that the HD CoinDesk Acheilus Fund is set to attract institutional investors seeking alpha in the digital asset markets, while also fulfilling their need for capital protection.