Hilbert Group and Xapo Bank Partner for $200M Bitcoin Hedge Fund
- Fund launch set for September 2024, with initial capital from Xapo Bank and other investors.
- Investors can earn returns in Bitcoin through institutional-level structured credit deals.
- Management fees at 2% and performance fees at 20%, standard in the hedge fund industry.
This partnership signifies a major growth milestone for Hilbert Group in digital asset management. Joey Garcia of Xapo Bank highlights that structured investments in Bitcoin represent its natural evolution as an asset class.
The launch of this Bitcoin hedge fund signals increasing institutional interest in cryptocurrency, paving the way for more sophisticated investment products and strategies in the digital asset space.
