Crypto hedge fund refutes JPMorgan’s claim that Bitcoin ETF is short-term neg...

Crypto hedge fund refutes JPMorgan’s claim that Bitcoin ETF is short-term neg...

Research from Tyr Capital Arbitrage SP refutes JPMorgan’s claim that a Bitcoin ETF holds negative connotations for BTC's price. Strategists at JPMorgan Chase caused quite the stir in January when they informed clients that the approval of a Bitcoin (BTC) exchange-traded fund, or ETF, would be a short-term headwind for the digital asset. A United Kingdom-based cryptocurrency hedge fund manager is attempting to pour cold water on those claims, asserting that JPMorgan’s analysis isn’t based on quantitative analysis or in-depth research.The crux of JPMorgan’s argument is that a new....


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Dispute Breaks Out Over Title of 'First Regulated Bitcoin Hedge Fund'

In July, a hedge fund in Jersey issued a press release announcing that it had become the first regulated fund to deal in bitcoin. The Jersey fund, called Global Advisors Bitcoin Investment Fund (GABI), later said it was seeking $200m in assets under management. In subsequent months, mentions of GABI have been regularly prefaced by its status as the first regulated bitcoin hedge fund by everyone from the BBC to Newsweek. Now another hedge fund is challenging GABI's claim. Crypto Currency Fund, managed by Timothy Enneking, says that it, not GABI, should rightfully be referred to as the....

US Regulator Sues Crypto Hedge Fund Founder — $25 Million in Digital Assets t...

The U.S. Securities and Exchange Commission has filed a lawsuit against a cryptocurrency hedge fund founder for fraud. The regulator is seeking an emergency order freezing $25 million in digital assets held by a crypto hedge fund he controls. Crypto Hedge Fund Founder Sued in the US The U.S. Securities and Exchange Commission (SEC) has sued a crypto hedge fund founder in Manhattan federal court. The regulator alleges that Stefan Qin, a 23-year-old Australian, defrauded investors in his $92.4 million cryptocurrency arbitrage fund, according to Tuesday’s court filing. Qin founded New....

F. DERP, A New Bitcoin Short-Only Hedge Fund Targeting Major Bitcoin Startups

I've mentioned previously that my Bitcoin trading strategy is to buy when price looks to have bottomed and begun an uptrend. I generally advise people against shorting Bitcoin; the long term trend is still clearly bullish so the odds favour the upside for any timeframe beyond a few days. That said, I'd happily short a number of companies and startups in the Bitcoin space if it was possible... Shorting Mt. Gox or Neo & Bee may have been as profitable as mining back when the only competition was Satoshi. Until now, there hasn't been a way to short Bitcoin companies, which is a detriment to....

Investment Firm Launches the First ‘Crypto Hedge Fund’ in Spain- Plans to Exp...

In Spain, an investment company has begun to promote what they called the “first crypto hedge fund.” The product has been registered in Malta by Avenue Investment Crypto, headed by a crypto advocate, Martin Huete. Investments Allocated Mainly in Bitcoin and Ethereum According to Infobae, the hedge fund “exclusively” targets qualified investors whose minimum investment starts at 100,000 euros ($120,600). However, anyone who would like to join the crypto hedge fund should prove to the firm that they hold assets for 750,000 euros ($904,900). Although Avenue Investment....

San Francisco-Based Hedge Fund Looking For Bitcoin Trader

No longer is bitcoin for the enthusiast, it would seem. With increasing popularity, businesses - and now financial institutions - are looking to get their hands into the pot. Case in point: A San Francisco-based hedge fund is seeking to bring aboard what they call a "Junior Bitcoin Execution Trader", according to a job posting by Glocap that was emailed to a list of subscribers. The hedge fund's (unclear just which one) "seeking a junior trader to assist with bitcoin execution, general fund operations, and reporting." We've seen interest in bitcoin from hedge funds before, but this is the....