Crypto20 Shows Relentless Growth, Breakneck Pace Of Bitcoin

0
28



As the value of bitcoin has skyrocketed in the first months of 2021, Invictus Capital’s Crypto20 (C20) fund has seen its savvy investors reap astronomical rewards. The fund’s token has gone parabolic with 221% appreciation over the quarter, outpacing even bitcoin’s breakneck performance.

In mid-April, Invictus Capital released its first quarterly report for 2021, describing the performance shown by the company’s suite of seven innovative investment funds offered to clients, as well as providing commentary on a number of topics of relevance to the company. These include global financial market commentary (covering both traditional and crypto markets) as well as a discussion of the company’s recent achievements, which include the launch of the community token ICAP, and the roadmap for future products and platform features. Although the crypto rally has been kind to all of Invictus Capital’s investors in recent months, a definite highlight of the quarter was the rise of C20, with the fund having achieved a 221% gain in the first three months of the year.

C20 is Invictus Capital’s flagship index fund, composed of the 20 most successful crypto assets measured by market cap (and excluding stablecoins). This means that, in addition to bitcoin, it is also host to a number of other prominent assets — including tokens with incredible growth potential in the burgeoning decentralized finance (DeFi) space. Holdings are rebalanced every week in accordance with new market data. Additionally, no more than 10% of the fund can be tied to one individual coin at a time, making the fund an attractive vehicle for broader altcoin exposure where future gains can arguably be expected to outperform the current market leaders as they gain in prominence — an attribute exhibited last quarter as the fund outperformed both Bitcoin and Ethereum.


Dieser Beitrag ist ein öffentlicher RSS Feed. Sie finden den Original Post unter folgender
Quelle (Website) .

Krypto-Nachrichten ist ein RSS-Nachrichtendienst und distanziert sich vor Falschmeldungen oder Irreführung. Unser Nachrichtenportal soll lediglich zum Informationsaustausch genutzt werden.

Werbebanner

HINTERLASSEN SIE EINE ANTWORT

Please enter your comment!
Please enter your name here