Share this article

Hyperion Decimus' Newest Fund to Leverage CoinDesk Indices' Bitcoin and Ether Trend Indicators

Aimed at institutional investors, the fund will seek to profit off uptrends in crypto markets while sidestepping the drawdowns.

Updated May 15, 2024, 12:30 p.m. Published May 15, 2024, 12:30 p.m.
New fund aims to capture crypto's upside while avoiding downtrends (Gabor Koszegi/Unsplash)
New fund aims to capture crypto's upside while avoiding downtrends (Gabor Koszegi/Unsplash)

Digital asset manager Hyperion Decimus today is launching the HD CoinDesk Acheilus Fund which will use a combination of quantitative and macroeconomic signals to shift between crypto tokens and cash.

Among those signals will be CoinDesk Indices' proprietary Bitcoin Trend Indicator (BTI) and Ether Trend Indicator (ETI), Hyperion said in a press release.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

"Institutional investors are now seeking alpha opportunities that can only be realized through systematic risk-managed strategies," said Chris Sullivan, co-founder and portfolio manager for the company. "The shift towards active management in digital assets is happening quickly, and we are uniquely positioned to deliver a disciplined, outcome-driven cryptocurrency investment strategy."

"The HD CoinDesk Acheilus Fund is poised to attract institutional investors seeking alpha in the digital asset markets but also meeting their desire for capital protection," said Alan Campbell, president of CoinDesk Indices, the corporate sibling of this news organization.

More For You

BitSeek: Decentralized AI Infrastructure Revolutionizing the Web3 Industry

More For You

test2 local

test alt