Sygnum Bank Secures 750 BTC for Innovative Market-Neutral Fund

Sygnum's BTC Alpha Fund achieves 8.9% returns and attracts over 750 Bitcoin from institutional investors, showcasing strong market confidence.

Sygnum, a prominent Swiss bank, has successfully raised in excess of 750 Bitcoin for its pioneering market-neutral BTC Alpha Fund. This significant financial backing comes from a range of professional and institutional investors eager to tap into the growing cryptocurrency market.

In the fourth quarter, Sygnum reported that its BTC Alpha Fund delivered impressive annualized returns of 8.9%. This performance highlights the fund's strategic approach aimed at minimizing market exposure while maximizing potential returns, thereby attracting strong interest from the investment community.