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BULLISH 📈 : Sygnum and Starboard raise 750 Bitcoin for BTC Alpha Fund
Sygnum and Starboard Digital have raised 750 Bitcoin worth approximately $65 million for the Starboard Sygnum BTC Alpha Fund, an actively managed Bitcoin fund launched on October 22, 2025.
- The fund achieved an annualized 8.9% net return in BTC for Q4 2025.
- Over 750 BTC were raised from professional investors within the first four months, indicating strong institutional demand.
- The fund employs a delta-neutral arbitrage trading strategy, targeting 8-10% growth by exploiting differences between spot and derivatives markets.
- Profits are converted back into Bitcoin, allowing investors to increase their BTC holdings regardless of market conditions.
- Fund shares can be used as collateral for Lombard loans, providing liquidity without reducing BTC exposure.
- Despite a drop in Bitcoin's price from over $100,000 to below $90,000 during Q4 2025, the fund showed resilience against market fluctuations.
As of the article's publication, BTC is trading at approximately $84,000.