TechFlow news: On January 29, according to CoinDesk, the BTC Alpha Fund—launched jointly by Swiss digital asset bank Sygnum Bank and Starboard Digital—has raised over 750 bitcoins (valued at approximately $65 million). In its first full quarter since launching in October last year, the fund achieved an annualized net return of 8.9%, targeting an annual return of 8–10% through systematic arbitrage strategies.
Registered in the Cayman Islands, this fund generates returns for bitcoin holders without relying on price appreciation, by capturing price discrepancies between spot and derivatives markets. Markus Hämmerli, Head of Portfolio Management at Sygnum, stated that the fund’s strong inflows indicate rising institutional demand for bitcoin strategies capable of delivering stable returns. The fund is available to professional investors in jurisdictions including Switzerland and Singapore.
