Horizon Workrooms Underlines Facebook s Metaverse Ambitions
cmswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cmswire.com Daily Mail and Mail on Sunday newspapers.
Is Facebook s Metaverse More Than Just Pipedream?
cmswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cmswire.com Daily Mail and Mail on Sunday newspapers.
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 capturing the potential upside of the currency.
The fund – whose investor base comprises a mix of institutions, family offices and high-net worth individuals with experience in both digital assets and traditional financial market – notched up a 145.8 per cent annual gain in first full year of operation.