The Role of Bitcoin as a Diversifier (April 2024 Update)
15 April 2024
We have argued in the past that Bitcoin can play an important role as a diversifier in a portfolio of “traditional” assets. Back in 2020,
Market reviews, insights from our investment team and news about TYR Capital investment performance.
We have argued in the past that Bitcoin can play an important role as a diversifier in a portfolio of “traditional” assets. Back in 2020,
We have said in the past that BTC can play a role in a portfolio of “traditional” assets as an effective diversifier of performance. Back in 2020 we looked at market data from Q3 2016 to Q3 2020 and put together a presentation which we shared with our investors at the time.
Ed Hindi CIO Tyr Capital, in conversation with Hedgeweek, talking about the strategies Tyr Capital used to successfully drive growth over the past year, as well our exciting plans for the months ahead.
As Crypto becomes a more accessible/mainstream asset class an increasing number of market participants find themselves with a significant number of crypto inventory in their
When it comes to the role of crypto in reserve operations, central bankers are as yet undecided. There are two kinds of crypto mentioned in the UBS survey.
It appears that Bitcoin has been a good diversifier in a traditional portfolio. We believe that effect will likely continue because Cryptocurrencies are still nascent
Crypto investment products took on nearly $2 billion in inflows last week to help extend a five-week run to over $4.3 billion, asset manager CoinShares said in a Monday report.
Trading volumes in exchange-traded products (ETPs) rose to $12.8 billion for the week, up 55% from the week prior.
Crypto investors have flocked to unofficial GameStop memecoins because they’re jumping on any “sign of hope they can,” said traders.
Bitcoin’s dominance in the cryptocurrency sector has surged to a three-year high, capturing nearly 55% of the $2.4 trillion market for virtual currencies, according to CoinMarketCap data.
The success of the newly introduced U.S. spot exchange-traded funds (ETFs), including offerings from BlackRock Inc. and Fidelity Investments, has been remarkable, amassing approximately $56 billion in assets to date.
Is the halving priced in or not? Will it disrupt the bitcoin mining industry? Or accelerate adoption? Here’s what experts and community members are saying about the fourth — and perhaps most anticipated — halving.
Geopolitical factors could see investors allocate funds to alternative assets such as bitcoin, some analysts say.
Featured in WealthBriefing
Despite naysayers and critics, the area known as “digital assets” refuses to go away. And a country that appears to be trying to encourage the space is Switzerland. While Swiss banking has been under an unflattering spotlight, the cryptoassets sector appears to retain plenty of energy.
Featured in Hedgeweek
Safeguarding assets has become critical in the world of digital assets. Edouard Hindi, chief investment officer, TYR Capital, talks through the priorities in the digital assets space and the key factors for growth in the space.
Featured in Reuters
As a developed nation, you know your currency’s in a spot of bother when investors start to hedge with bitcoin.
After Britain’s brief Prime Minister Liz Truss unleashed her mini-budget on Sept. 23, filling financial markets with dread, a section of investors stampeded away from the pound and towards the cryptocurrency .
Featured in the Evening Standard.
The scale of the turmoil in the City’s foreign exchange market caused by the September mini-Budget was laid bare today after new data found sterling’s volatility sparked a ten-fold increase in the volume of pound to Bitcoin traffic on spot exchanges.
Featured in CityAM
Bitcoin remains a valuable addition to a traditional asset portfolio, according to research by a leading investment manager.
Featured in AlphaWeek
As the crypto market burned, igniting mass hysteria and a widespread sell-off, many commentators were quick to sound the death-knell of crypto. As the Spectator puts it, ‘Crypto is Dead’.
Featured in Bloomberg
Bitcoin declined after reaching the highest levels since mid-June on Saturday amid optimism that the market may have recovered from its worst levels.
The largest cryptocurrency dropped as much as 3.6% to $22,958 on Monday after breaking above $24,000 over the weekend, its highest since mid-June. Its 27% gain in July made for the best month since October.
Featured in Funds Europe
Switzerland, home to a banking and finance system that is traditionally best known for holding old money and guarding client confidentiality, has taken several giant steps in recent years to open its financial markets to the cryptocurrency and digital securities industry.
Featured in HedgeWeek
Cryptocurrency hedge fund Tyr Capital has appointed Olivier Trombert as CEO. The residing CEO, Nick Norris, will take over the operational side of the business as Chief Operating Officer (COO), following the launch of Tyr Capital’s new venture fund last month.
Featured in The Economic Times
Bitcoin surged on Wednesday after President Joe Biden signed an executive order that requires U.S. government agencies to assess benefits and risks of creating a central bank digital dollar and other cryptocurrency issues.
Featured in currency.com
The year of crypto, as 2021 was called, produced a litany of record-breaking figures for bitcoin (BTC) and the wider altcoin market. Trading figures surpassed expectations, decentralised finance (DeFi) came to the fore, Tether became ground-zero for the regulation debate and major scams like Squid Game Token garnered mainstream coverage.
Featured in Private Equity Wire
Tyr Capital Venture SP is a discretionary hybrid venture capital fund offering investors exposure to long term returns across a portfolio of liquid tokens and illiquid digital assets (early-stage tokens and multi-stage venture capital equity) with a liquidity horizon of one to three years.
Featured in Bloomberg
Bitcoin’s notorious weekend volatility is paying dividends Tuesday for investors in the largest cryptocurrency, which is outperforming U.S. equities for a change amid the uncertainty surrounding the turmoil in Ukraine.
Featured in Reuters – As bitcoin drifts towards mainstream maturity in 2022, daring crypto investors are eyeing up new sources of explosive action: “altcoins” that power online games and worlds.
Featured in Reuters
Bitcoin hit its highest in two weeks on Saturday, extending the previous session’s strong gains as cryptocurrencies basked in a recovery in risk appetite and a rally in stock markets.
During the brutal cryptocurrency selloff last month, volumes also tumbled — a development that doesn’t bode well for exchanges that trade the digital tokens. Total spot volume
Bitcoin has mirrored the sharp fluctuations in traditional markets this year, highlighting the tightening link between cryptocurrencies and mainstream financial assets as more professional traders enter the digital finance arena.
Featured in Hedge Week – Cryptocurrency hedge fund TYR Capital is tapping into growing investor appetite for digital assets with the launch of a new long-only fund next year.
Featured in the Financial Times – Huge gains in digital asset values are helping crypto firms to poach previously out-of-reach executives from some of the biggest companies in mainstream finance.
Featured in CoinTelegraph – In the past, there were plenty of reasons for financial advisers to dismiss Bitcoin (BTC) and other cryptocurrencies as a worthy investment, but all of that is starting to change as more institutions become attuned to the digital asset class.
Featured in Hedge Week – Investors placing funds with TYR Capital will be guaranteed greater security by Copper’s proprietary technology, which reinforces sophisticated internal processes with further protection against human error, fraud, or theft.
With HedgeGuard’s technology, TYR Capital will have faster, more agile oversight across its order books, with seamless risk management and real-time tracking and reconciliation of
Strategists at JPMorgan Chase caused quite the stir in January when they informed clients that the approval of a Bitcoin (BTC) exchange-traded fund, or ETF,
Vlad Matveev has learnt the hard way how volatile cryptocurrency hedge funds can be. The 50-year-old Muscovite invested $250,000 last year with California-based Cryptolab Capital,
At a time when the repercussions of CovidD-19 are taking a heavy toll on both stock markets and the hedge fund industry, TYR Capital has started
Bitcoin faces a key technical event Monday known as the “halving.” Due to take place later in the day, industry insiders are debating what effect
Financial markets are cosying up once more to crypto. Institutions such as banks and asset managers have long had a vexed relationship with cryptocurrencies, put
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The material in this presentation has been prepared by Tyr Capital Arbitrage SP and is general background information on the funds activities. This information is given in summary form and does not purport to be complete. Information such as forecast financial information, should not be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities or other financial products or instruments and does not take into account your particular investment objectives, financial situation or needs. Before acting on any information you should consider the appropriateness of the information having regard to these matters, any relevant offer document and in particular, you should seek independent financial advice. All securities and financial product or instrument transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk.
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