CoinVoice has recently learned that, according to Bloomberg, the Alpha Long Biased strategy fund under investment management company Pythagoras has performed remarkably since its launch, with a year-to-date increase of 230% (206% after fees), consistently outperforming Bitcoin except for two months. The fund was launched a few weeks before the approval of the spot Bitcoin ETF in January 2024.
The fund's investment portfolio is allocated using a third strategy: one-third is allocated to core Bitcoin holdings, one-third employs a trend-following strategy (which can flexibly adjust to 2x leverage based on market conditions), and the remaining one-third focuses on market-neutral, beta-neutral, and dollar-neutral long-short strategies. Fund founder Mitchell Dong stated that the product aims to provide investors with an investment choice superior to the spot Bitcoin ETF. [Original link]
