Crypto Trend-Following Funds Find Relief in Volatile Markets
The crypto market's choppy waters have posed significant challenges for trend-following funds in recent years. However, the tumultuous trading environment has presented opportunities for strategic investment firms like XBTO.
XBTO's trend fund has demonstrated resilience in the face of volatile cryptocurrency prices, with a 13.3% gain in January marking its second-best performance since launch. This impressive return was largely driven by timely adjustments to short positions taken in the final week of the month.
The fund's chief commercial officer, Karl Naim, attributed the success to the firm's ability to adapt quickly to market fluctuations. The XBTO trend fund has shown a remarkable ability to capitalize on market movements, with over seven percentage points of its return coming from the last few days of January.