Metalpha Adopts New Bitcoin Mining Index by Antalpha and FTSE Russell
Metalpha Technology Holding (NASDAQ: MATH) has announced the adoption of the Antalpha BTC Mining Index for its Bitcoin mining stocks fund. This index, launched by Antalpha and FTSE Russell, selects the top ten publicly traded US Bitcoin mining companies. Metalpha's fund, managed by its subsidiary LSQ Capital , will use this index as a benchmark for investments.
The company, a major crypto derivatives trader in Asia, offers tailored wealth management and hedging solutions to financial institutions. Metalpha previously launched a GBTC fund that has seen significant gains, outperforming Bitcoin by about 39%. The new equity fund aims to provide investors with Bitcoin exposure through mining companies, responding to high demand for long-term growth opportunities in the Bitcoin mining industry.
Metalpha Technology Holding (NASDAQ: MATH) ha annunciato l'adozione dell'Antalpha BTC Mining Index per il suo fondo di azioni minerarie di Bitcoin. Questo indice, lanciato da Antalpha e FTSE Russell, seleziona le dieci principali aziende statunitensi di mining di Bitcoin quotate in borsa. Il fondo di Metalpha, gestito dalla sua controllata LSQ Capital, utilizzerà questo indice come riferimento per gli investimenti.
L'azienda, un importante operatore di derivati cripto in Asia, offre soluzioni di gestione patrimoniale personalizzate e strategie di copertura per le istituzioni finanziarie. In precedenza, Metalpha ha lanciato un fondo GBTC che ha registrato significativi guadagni, superando Bitcoin di circa il 39%. Il nuovo fondo azionario mira a fornire agli investitori un'esposizione a Bitcoin attraverso aziende minerarie, rispondendo all'alta domanda di opportunità di crescita a lungo termine nell'industria del mining di Bitcoin.
Metalpha Technology Holding (NASDAQ: MATH) ha anunciado la adopción del Antalpha BTC Mining Index para su fondo de acciones de minería de Bitcoin. Este índice, lanzado por Antalpha y FTSE Russell, selecciona las diez principales empresas estadounidenses de minería de Bitcoin que cotizan en bolsa. El fondo de Metalpha, gestionado por su filial LSQ Capital, utilizará este índice como referencia para las inversiones.
La compañía, uno de los principales operadores de derivados cripto en Asia, ofrece soluciones de gestión patrimonial personalizadas y estrategias de cobertura a instituciones financieras. Anteriormente, Metalpha lanzó un fondo GBTC que ha visto ganancias significativas, superando a Bitcoin en aproximadamente un 39%. El nuevo fondo de acciones tiene como objetivo proporcionar a los inversores exposición a Bitcoin a través de empresas mineras, respondiendo a la alta demanda de oportunidades de crecimiento a largo plazo en la industria de la minería de Bitcoin.
Metalpha Technology Holding (NASDAQ: MATH)는 비트코인 채굴 주식 펀드를 위해 Antalpha BTC Mining Index를 채택했다고 발표하였습니다. 이 지수는 Antalpha와 FTSE Russell에 의해 출시되었으며, 상장된 미국 비트코인 채굴 회사 상위 10개를 선택합니다. Metalpha의 자회사인 LSQ Capital이 관리하는 이 펀드는 투자의 기준으로 이 지수를 사용할 예정입니다.
아시아 주요 암호화 파생상품 거래자인 이 회사는 금융 기관에 맞춤형 자산 관리 및 헤지 솔루션을 제공합니다. Metalpha는 이전에 약 39% 비트코인을 초과 수익을 올린 GBTC 펀드를 출시한 바 있습니다. 새로운 주식 펀드는 채굴 회사를 통해 투자자에게 비트코인 노출을 제공하는 것을 목표로 하며, 비트코인 채굴 산업의 장기 성장 기회에 대한 높은 수요에 응답하고자 합니다.
Metalpha Technology Holding (NASDAQ: MATH) a annoncé l'adoption de l'Antalpha BTC Mining Index pour son fonds d'actions de mining de Bitcoin. Cet indice, lancé par Antalpha et FTSE Russell, sélectionne les dix principales entreprises américaines de mining de Bitcoin cotées en bourse. Le fonds de Metalpha, géré par sa filiale LSQ Capital, utilisera cet indice comme référence pour les investissements.
L'entreprise, un acteur majeur du trading de dérivés crypto en Asie, offre des solutions de gestion de patrimoine sur mesure et des stratégies de couverture aux institutions financières. Metalpha a précédemment lancé un fonds GBTC qui a enregistré des gains significatifs, dépassant Bitcoin d'environ 39%. Le nouveau fonds d'actions vise à fournir aux investisseurs une exposition à Bitcoin par le biais d'entreprises de mining, répondant à une forte demande d'opportunités de croissance à long terme dans l'industrie du mining de Bitcoin.
Metalpha Technology Holding (NASDAQ: MATH) hat die Einführung des Antalpha BTC Mining Index für seinen Bitcoin-Mining-Aktienfonds angekündigt. Dieser Index, der von Antalpha und FTSE Russell eingeführt wurde, wählt die zehn größten börsennotierten US-Bitcoin-Mining-Unternehmen aus. Der Fonds von Metalpha, der von seiner Tochtergesellschaft LSQ Capital verwaltet wird, wird diesen Index als Benchmark für Investitionen nutzen.
Das Unternehmen, ein bedeutender Händler von Krypto-Derivaten in Asien, bietet maßgeschneiderte Vermögensverwaltungs- und Hedging-Lösungen für Finanzinstitute an. Metalpha hatte zuvor einen GBTC-Fonds aufgelegt, der signifikante Gewinne verzeichnete und Bitcoin um rund 39% übertraf. Der neue Aktienfonds zielt darauf ab, Investoren durch Mining-Unternehmen Zugang zu Bitcoin zu verschaffen, um auf die hohe Nachfrage nach langfristigen Wachstumschancen in der Bitcoin-Mining-Branche zu reagieren.
- Adoption of Antalpha BTC Mining Index for Bitcoin mining stocks fund
- Previous GBTC fund outperformed Bitcoin by 39%, with NAV increase to 269.84%
- Company holds SFC licenses for securities, virtual assets dealing, advising, and asset management
- Expansion into Bitcoin mining sector, potentially diversifying revenue streams
- Dependence on volatile cryptocurrency market for business growth
- Potential regulatory risks associated with cryptocurrency-related financial services
Insights
Metalpha's adoption of the Antalpha BTC Mining Index for its Bitcoin mining stocks fund is a strategic move in the evolving crypto asset management landscape. This decision aligns the fund with a specialized benchmark, potentially enhancing its appeal to investors seeking targeted exposure to the Bitcoin mining sector.
The fund's previous success with GBTC investments, outperforming Bitcoin by
Metalpha's regulatory compliance, evidenced by its SFC licenses, adds credibility to its operations in the crypto financial services sector. This regulatory backing could be a key differentiator in attracting institutional investors who prioritize compliance and risk management.
The launch of the Antalpha BTC Mining Index, backed by FTSE Russell, signifies growing mainstream interest in crypto-related financial products. This index could become a benchmark for the Bitcoin mining industry, potentially attracting more institutional investors to this sector.
Metalpha's decision to adopt this index for its fund reflects a broader trend of crypto firms developing more sophisticated financial products. The semi-annual rebalancing of the index ensures it remains representative of the dynamic Bitcoin mining landscape, which could appeal to investors seeking up-to-date exposure to the sector.
However, it's important to note that while this move may increase accessibility to Bitcoin mining investments, the underlying volatility and regulatory uncertainties in the crypto market remain significant risk factors for investors to consider.
Metalpha's Bitcoin mining stock fund is managed by a wholly-owned subsidiary of the Company, LSQ Capital Limited. The fund uses the Antalpha BTC Mining Index as the benchmark to invest in publicly listed Bitcoin mining companies.
Antalpha is the world's leading Bitcoin ecosystem service provider for institutional partners. As a strategic partner of Bitmain, Antalpha is trusted by institutions, startups, and qualified investors to drive innovation in blockchain technology and applications. It has become a leading company in the global blockchain financial services ecosystem.
The Antalpha BTC Mining Index selects the top ten publicly traded US Bitcoin mining companies and tracks their respective performance. The Antalpha BTC Mining Index will offer mainstream financial investors a reliable channel to gain crypto exposure. The index will be rebalanced every six months to reflect the market conditions.
Metalpha is one of the largest crypto derivatives traders in
"We are excited to launch this equity fund focusing on offering investors Bitcoin exposure through Bitcoin mining companies. The Antalpha BTC Mining Index comes because of high demand from global investors betting on the long-term growth opportunities of the Bitcoin mining industry. " Adrian Wang, President and Director of Metalpha Technology Holding Ltd.
The Company is a holder of Type 1 (securities and virtual assets dealing services), uplifted Type 4 (advising on securities and tokens) & Type 9 (asset management) licenses by the SFC.
About Metalpha Technology Holding Limited
Founded in 2015, Metalpha Technology Holding Limited (NASDAQ: MATH) went public on October 20, 2017. The listed Company, through its subsidiaries, is dedicated to providing investing and wealth management services with a full-service, institutional-grade platform. With dedicated blockchain expertise, the Company aims to become a leader in the field of crypto wealth management services, bringing robust innovation and transparency to the customers and businesses it serves.
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SOURCE Metalpha Technology Holding Limited
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