Bitcoin Hedge Fund
The first hedge fund to be exclusively financed with bitcoin (BTC). This fund is designed to give a return for people who want to use BTC as an investment tool while significantly mitigating the volatility of the value of BTC.
Invests in a diversified group of exchange-traded funds (ETFs), domestic and international bonds, and derivatives (mainly stock options).
The purpose of the fund is long-term capital appreciation that outpaces the S&P 500.
Bitcoins received by the fund are converted to USD.
To maintain stability and liquidity, initial deposits may not be withdrawn for a period randing from 21 to 90 days, depending on how early the deposit was made. Withdrawals are in the form of BTCs and are sent to the bitcoin address associated with the account.
