Blockforce Capital’s Crypto Fund Captures 86% of Bitcoin’s Upside in 2020

In the first two months of 2020, Blockforce Capital’s multi-strategy master fund saw a 16.8 percent return compared to a 19.5 percent return in bitcoin, the company announced in a note to accredited investors. 

Blockforce is a seasoned ETF issuer which specializes in alternative investment vehicles for investors. In February of last year the company infamously filed the first proposal for an exchange-traded fund made up of a mix of currencies including bitcoin only to pull the fund at the U.S. Securities and Exchange Commission’s request the next day. Currently, the company only offers bitcoin-related funds to accredited investors.

Low volatility is the San Diego-based asset manager’s target for its multi-strategy fund, which hit its one-year anniversary this month. 

With volatility of 24.5 percent compared to bitcoin’s 74 percent, Blockforce claims that its fund has a third of the volatility of the cryptocurrency, capturing 86 percent of the upside of bitcoin and 12.5…