As the value of bitcoin has skyrocketed in the first months of 2021, Invictus Capital’s Crypto20 fund has seen its savvy investors reap astronomical rewards.
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.
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.
The recent bull run has vindicated the decision of the earliest C20 investors, who as a result of the fund’s launch coinciding with the later stage of the 2017 rally, have had to endure years of their investment showing a negative return.
The rise of crypto interest platforms like Celsius and BlockFi have helped educate the market on the importance of letting your assets work for you, and C20 is no stranger to generating yield, having earned about 3% APY over the last quarter through margin lending and the implementation of yield generating techniques enabled by getting crypto exposure via derivatives markets.