Sygnum Bitcoin Fund Attracts $65 Million with Promising Yields

Sygnum's latest bitcoin fund has secured $65 million, boasting an annualized return of 8.9% in its initial quarter, appealing to yield-seeking investors.

Sygnum, a prominent digital asset bank, has successfully raised $65 million for its newly launched bitcoin fund, drawing significant interest from investors keen on stable returns.

In its debut quarter, the fund recorded an annualized net return of 8.9%, demonstrating its potential to offer returns between 8% and 10% annually through its strategic use of systematic arbitrage methods.