February: -10.7%CCi30: -26.9%12 Months: -4.0%Since Inception: +162.2% Market UpdateFebruary was a very volatile and difficult month with the CCi30 index falling -27% and BTC down -18%. The Portal Digital Fund ended February down -10.7%, and the Radiance Multi-Strategy Fund finished down -28.1% mark-to-market. Notwithstanding the market conditions, Radiance generated +3.7% more BTC in February to add to the +6.5% generated in […]
Category Archives: Newsletters
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February 2025 Monthly Market Performance
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January 2025 Monthly Market Performance
January: +1.5%CCi30: +5.7%12 Months: +27.3%Since Inception: +195.1% Market UpdateBitcoin (BTC) traded within a range of $92,000–$108,000 in January, maintaining strong momentum despite volatility from trade war concerns. Institutional investor participation has grown, increasing BTC’s liquidity and adoption.. BTC gained +9.2%, outperforming the broader crypto market (CCI30 Index: +5.7%). The Radiance Multi-Strategy Fund led with a +13.7% return, while the Portal Digital Fund posted a +1.5% gain. *Past performance is […]
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December 2024 Monthly Performance
DECEMBER 2024 PERFORMANCE DECEMBER: -3.5% CCi30: -9.6% 12 Months: +24.6% SINCE INCEPTION: +190.8% Market Update December was a very volatile month in the Cryptocurrency and Digital Asset (“Crypto Assets”) markets. Bitcoin held its position above the $100,000 mark throughout December and indeed briefly made a new all-time high of $108,000. However, this was reversed following […]
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October 2024 Montly Performance
OCTOBER: +0.7% CCi30: +1.0% 12 Months: +47.4% SINCE INCEPTION: +154.9% Market Update October was a relatively quiet and uneventful month as markets paused for direction ahead of the US election. Crypto Assets markets were generally unsettled, with several rallies and corrections. The market, as represented by the CCi30 Index, was up +1%, whilst BTC was up 7.4%. An initial […]
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NOVEMBER 2024 MONTHLY PERFORMANCE
NOVEMBER: +18.3% CCi30: +68.9% 12 Months: +56.1% SINCE INCEPTION: +154.9% Market Update November was the turning point we have been waiting for since the start of the last crypto winter in 2022, almost three years ago. Cryptocurrency and Digital Asset (“Crypto Assets”) markets caught fire after the Trump re-election and the market as represented by the CCI30 Index was […]
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September 2024 Monthly Performance
SEPTEMBER 2024 PERFORMANCE SEPTEMBER: +3.8% CCI 30: +8.6% 12 Months: +61.0% SINCE INCEPTION: +189.4% Market UpdateSeptember was another volatile month for the Cryptocurrency and Digital Assets (“Crypto Assets”) markets and continued the choppy conditions we have experienced since April. The first six days of the month were characterized by a significant sell-off, leading to BTC and ETH intra-month losses […]
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July 2024 Fund Performance
JULY: -1.1% CCI 30: -0.8% 12 Months: +59.7% SINCE INCEPTION: +304.0% Market Update The Cryptocurrency and Digital Assets (“Crypto Assets”) markets were very choppy in July, initially falling and then rallying sharply before dropping again to close the month mostly unchanged. This consolidation must be taken in the context of the strong rally that started in Q4 2023 and […]
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June 2024 Fund Performance
JUNE: -7.1% CCI 30: -11.0% 2023: +49.3% SINCE INCEPTION: +304.0% Market Update Cryptocurrency and Digital Assets (“Crypto Assets”) corrected in June with the Bitcoin price down 14% from its peak at $72,000 in early June. This was initially triggered by cooling demand for Bitcoin (BTC) ETFs, global markets reacting to a deferred interest rate cut and Mt Gox […]
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May 2024 Fund Performance
MAY: +8.1% CCI 30: +12.5% 2023: +49.3% SINCE INCEPTION: +318.5% Market Update Cryptocurrency and Digital Assets (“Crypto Assets”) markets had a solid recovery in May There was once again a risk on sentiment as markets surged following the approval of Ethereum ETFs. On May 23rd, the United States Securities and Exchange Commission (SEC) gave regulatory […]
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April 2024 Performance
APRIL: -12.5% CCI 30: -23.1% 2023: +49.3% SINCE INCEPTION: +198.9% Market Conditions As measured by the CCI30 Index, the market fell by 23.1% in April, and Bitcoin (BTC) fell by 14.9%. The Portal Digital Fund finished April down 12.5%, with the Radiance Multi-Strategy Fund down 31.7%, driven by the fund’s Alt coins falling more than BTC and ETH. April […]