HashKey's New $100M Fund to Focus on Altcoins, With Less Than 50% Allocation for BTC and ETH
HashKey Capital, the investment arm of Hong Kong-based crypto giant HashKey Group, has allocated a significant portion of its newly launched to major altcoins. The fund aims to invest less than 50% of its allocation in B...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The fund aims to invest less than 50% of its allocation in Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies, Jupiter Zheng, the portfolio manager of the fund, said in a recent interview with Reuters. ...
Read More: HashKey's New $100M Fund to Focus on Altcoins, With Less Than 50% Allocation for BTC and ETH
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Bitcoin Price Today: Negative Funding Rates Signal Growing Bearish Bets as BTC Nears $68K
The latest data presents a mixed picture, however, as Hyperliquid whales have returned to net-long positions despite deteriorating...
Jupiter Crypto Trading on Its Own Fundamentals: JUP USD Breaks Away From Market Sell-Off
Jupiter (JUP) is refusing to follow the crypto market lower. While Bitcoin and major altcoins are experiencing a bloodbath, the So...
Bitcoin ETFs Shed $2.35 Billion in Two Weeks as BlackRock’s Outflow Streak Hits 11
Bitcoin ETF outflows have reached $2.347 billion across the first two completed November trading weeks, leaving a persistent hole...
Kalshi Ends Trump Jr. Advisory Role After 1789 Capital Invests in Rival Polymarket
Key Takeaways: Kalshi terminated its partnership with Donald Trump Jr.’s firm after it made a bet on their competitor, Polymarket....
Digital Credit: Comparing The Six Bitcoin Preferred Stocks
Bitcoin Magazine Digital Credit: Comparing The Six Bitcoin Preferred Stocks Digital credit is an emerging asset class that transfo...
Sygnum Launches ETH Fund Targeting 8–10% Returns in Ether
TL;DR: Sygnum has announced an ETH-denominated fund targeting 8–10% annual returns after fees. The target includes staking income,...