IDX Advisors, a quantitative asset manager in the crypto and digital asset space, announces the launch of the IDX Risk-Managed Bitcoin Strategy Fund. The strategy is the first US Mutual Fund designed to provide a risk-managed exposure to Bitcoin futures, seeking to reduce downside exposure for shareholders.
“The excitement around the rapid development of blockchain technologies, mixed with the realization of accommodative monetary stimulus policies, increasing geo-political tensions, and materializing concerns over inflation growth, all have investors seeking exposure to asset classes such as digital assets. Specifically, investors and advisors are expressing a strong appetite for digital assets exposure, but desire a risk-managed approach that focuses on mitigating the inherent volatility and drawdowns common with the emerging asset class; this is what IDX seeks to provide”, says Andrew Swan, co-founder and CEO of IDX.
The Strategy, which will have an institutional share class, will have a management fee of 1.99%. The fund will initially be available through select platforms, including Fidelity, Interactive Brokers, Pershing, AXOS, Matrix, and SEI under the ticker BTIDX for the institutional share class.
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