Deep Tide TechFlow News, on November 22, according to Bloomberg, the Alpha Long Biased strategy fund under the investment management company Pythagoras has performed remarkably since its launch, with a year-to-date increase of 230% (206% after fees), continuously 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 adopts a third allocation method: one third is allocated to core Bitcoin holdings, one third uses a trend-following strategy (which can be flexibly adjusted to 2x leverage based on market conditions), and the remaining third focuses on market-neutral, beta-neutral, and dollar-neutral long-short strategies. The fund's founder, Mitchell Dong, stated that the product aims to provide investors with an investment option that outperforms the spot Bitcoin ETF.
