Cambrian Says Its New Bitcoin, Ethereum Trusts Will Cut Through Volatility
Quantitative crypto hedge fund Cambrian Asset Management said its two new actively managed trusts, one trading Bitcoin and one trading Ethereum, will manage downside risk.The $200 million fund said in a press release on Wednesday that its management strategy will “manage downside risks and maintain substantial upside potential while seeking to defer taxable events for their investors.”Cambrian claims that this strategy has helped its hedge funds cut downside volatility by over 70%, while delivering higher returns than a digital asset passive index in the past three years.Only institutional and accredited investors can buy into the trusts with an initial minimum…