$100M Bitcoin Hedge Fund & Multi-Asset Fund Launched for Investors
Further and 3iQ have launched a $100M market-neutral digital asset hedge fund with a Bitcoin share class, while Mashreq Capital introduced BITMAC, a multi-asset fund combining Bitcoin, equities, bonds, and gold for MENA retail investors.
Further Asset Management and 3iQ have jointly launched the Further x 3iQ Alpha Digital Fund, a $100 million market-neutral, multi-strategy hedge fund aimed at institutional investors seeking risk-managed exposure to digital assets, with a particular focus on Bitcoin. The fund features a dedicated Bitcoin share class, enabling investors to subscribe and compound returns in BTC, and is seeded by institutional investors, family offices, and sovereign wealth funds. The structure is designed to allow for secure, efficient accumulation of Bitcoin while maintaining long exposure and benefiting from digital market alpha. The fund employs strategies such as arbitrage and yield generation to deliver consistent, risk-adjusted returns with reduced volatility. This initiative is expected to increase institutional participation in the crypto market, offering structured investment options and potentially boosting Bitcoin’s market liquidity. Separately, Mashreq Capital has introduced BITMAC, a DFSA-regulated multi-asset fund that integrates Bitcoin, global equities, fixed income, and gold within a single, systematically rebalanced portfolio, making institutional portfolio strategies accessible to retail investors in the MENA region.