MARKET COMMENTARY Market Stabilisation & Early Bottoming Signals March continued the market pullback seen in February, but there were early signs that prices may be stabilising. Bitcoin and other major cryptocurrencies moved within a narrower range after earlier volatility. While some investors were still reducing risk, longer-term data and renewed buying by large institutions suggest […]
Market Performance
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MARCH 2026 PERFORMANCE
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February 2026 Market Performance
MARKET COMMENTARY Crypto Market Review: Correction Deepens Amid Leverage Unwind and Geopolitical Shocks February extended the correction that began in January, with Bitcoin and broader crypto assets enduring deleveraging pressure, policy uncertainty, and macro headwinds. Traditional risk assets demonstrated relative resilience, while digital markets deepened drawdowns before showing tentative stabilization late in the period. Bitcoin […]
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JANUARY 2026 PERFORMANCE
MARKET COMMENTARY Crypto Market Review: Volatility Persists Amid Liquidations and External Pressures January 2026 proved challenging for Bitcoin and the cryptocurrency ecosystem, underscoring the asset class’s sensitivity to leverage and macroeconomic shifts. Bitcoin opened the month around $89,000, briefly rallied to $96,000 mid-month, but suffered a sharp 15% drop on January 29, closing near $78,600, […]
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December 2025 Market Performance
December: -6.5%* CCi30: -7.4% 12 Months: -40.4% Since Inception: +167.2% Performance Update The Portal Digital Fund soft estimate for the month of December is down 6.5%*, slightly ahead of the CCi30 index which fell 7.4%. Our analysis of hedge fund returns for 2025 reinforces our belief that traditional, directional strategies such as fundamental, buy and […]
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October 2025 Market Performance
October: -4.0%*CCi30: -11.1%12 Months: +10.5%Since Inception: +171.2% Performance Update The Portal Digital Fund soft estimate for the month of October is down 4.0%*, outperforming the CCi30 index which dropped 11.1%. Every single fund owned by the Portal Digital Fund outperformed the CCi30 index during the month, although it was the low volatility funds which performed better, as would be […]
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September 2025 Market Performance
September: +1.3%* CCi30: +1.3% 12 Months: +14.8% Since Inception: +180.0% *The current month is an estimate based on the initial reporting of the various funds, subject to change once NAV is crystalised. Performance Update The Portal Digital Fund soft estimate for the month of September is up 1.3%*, inline with the CCi30 index which was up 1.3%. The Fund […]
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August 2025 Market Performance
August: -1.0%* CCi30: +3.8% 12 Months: +14.0% Since Inception: +180.0% *The current month is an estimate based on the initial reporting of the various funds, subject to change once NAV is crystalised. Performance Update The Portal Digital Fund soft estimate for the month of August is down 1.0%*, while the CCi30 index was up 3.8%. The Fund benefitted from […]
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July 2025 Monthly Market Performance
July: +4.5%* CCi30: +17.1% 12 Months: +8.6% Since Inception: +178.7% Performance Update The Portal Digital Fund soft estimate for the month of July is up 4.5%*, while the CCi30 index was up 17.1%. The Fund’s exposure to uncorrelated or non-directional strategies, such as a systematic Alpha Long Biased strategy and the Radiance Multi-Strategy Fund, offset the lower returns from […]
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June 2025 Monthly Market Performance
June: -0.5%* CCi30: -1.3% 12 Months: +3.6% Since Inception: +168.1% *The current month is an estimate based on the initial reporting of the various funds, subject to change once NAV is crystalised. Performance Update The Portal Digital Fund soft estimate for the month of June is down 0.5%*, while the CCi30 index was down 1.3%. The Fund’s exposure to […]
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May 2025 Monthly Market Performance
May: +5.7%* CCi30: +9.9% 12 Months: -3.8% Since Inception: +167.5% Market UpdateThe Portal Digital Fund reporting was up 5.7%* for the month of May, while the Bitcoin-heavy CCi30 index was up 9.9%. The Fund continued to benefit from the exposure to the Radiance Multi-Strategy Fund and its Bitcoin Extraction Strategy, as well as another systematic Bitcoin Alpha strategy via one […]