Further Asset Management and 3iQ have jointly launched a market-neutral, multi-strategy digital asset hedge fund—Further x 3iQ Alpha Digital Fund—with seed capital of up to $100 million. The fund is specifically designed for institutional investors, family offices, and sovereign wealth funds, aiming to provide a regulated risk management framework that enables them to pursue excess returns in highly liquid crypto markets.
A major highlight of the fund is the Bitcoin share class, which allows for subscriptions in physical BTC and enables compounding of strategy returns while maintaining full exposure to the underlying asset. This design provides BTC holders with a secure and institutionalized yield management solution, allowing them to continue holding Bitcoin while seeking excess returns from digital assets. The first BTC share class capital comes from a physical investment by a family office in Abu Dhabi.