Galaxy Digital announced the creation of the Galaxy Absolute Return Fund, aimed at investments in the digital asset ecosystem and adjacent technologies.
Launch of Galaxy Absolute Return Fund
Galaxy Digital is launching an innovative investment fund called Galaxy Absolute Return. This fund offers investors the opportunity to engage in the digital asset ecosystem and advanced technologies without direct cryptocurrency investments.
Multi-Asset Strategy
The fund employs a multi-asset strategy with directional and non-directional positions. Investments are made in publicly traded equities, ETFs, derivatives, and fixed-income instruments. This strategy enables the fund to capitalize on market inefficiencies to enhance performance while maintaining a low correlation with Bitcoin and traditional indices.
Regulation and Risk Management
The fund applies a risk-adjusted approach using long and short positions to hedge against volatility. All assets are traded on regulated exchanges and are custodied with traditional financial institutions, ensuring compliance with established financial standards. The fund is led by Christopher Rhine, who has extensive experience in asset management.
The Galaxy Absolute Return Fund presents a promising tool for investors seeking effective performance in the digital asset market with comprehensive strategy and strict regulatory compliance.
