Pythagoras Crypto Fund Returns 230% to Outpace Bitcoin’s Rally
- Small fund was launched shortly before Bitcoin ETFs debuted
- The long-biased strategy relies on trend-following, leverage
It’s been nearly a year since the launch of its Alpha Long Biased strategy and the fund has beaten Bitcoin every single month except two.
Photographer: Jin Lee/BloombergThis article is for subscribers only.
Mitchell Dong spied an opportunity late last year: Spot-Bitcoin ETFs were coming to US investors soon, and he wanted his crypto hedge fund to offer a competing product that performed even better.
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