LA-based Wave Financial's novel crypto-derivatives fund scores triple-digit return amid bitcoin volatility
LA-based Wave Financial’s novel crypto-derivatives fund scores triple-digit return amid bitcoin volatility Submitted By Hugh Leask | 26/01/2021 - 12:40pm A novel cryptocurrency fund run by digital assets-focused investment manager Wave Financial, which uses a call options strategy to trade on bitcoin’s volatility, has scored a near-146 per cent return in its first year of trading. The Wave BTC Income & Growth Digital Fund, a pioneering cryptocurrency derivatives-based strategy, aims to capitalise on bitcoin’s high volatility using a covered call approach to generate returns, while also...
Source: hedgeweek.com