Digital Capital Management Marks One-Year Anniversary of Bitcoin-Denominated Strategy

SAN DIEGO, Dec. 20, 2018 /PRNewswire/ -- Digital Capital Management (DCM), manager of Crypto Asset Fund (CAF), one of the first crypto trading funds (launched July of 2017), announced the one-year anniversary of trading in its Bitcoin-denominated (BTC) class, Class B.

The announcement underpins DCM's efforts to increase awareness of the availability of actively-managed, crypto-denominated trading strategies, which may be an attractive alternative to long-only or buy-and-hold fund strategy options offered in the digital asset marketplace. 

DCM believes that allocating BTC holdings to be managed by experienced and dedicated fund investment professionals, pursuant to strategies, both long and short, designed to preserve capital and seek profits in both up and down markets, is a superior approach as compared to passive BTC buy-and-hold strategies that do not react to crypto market volatility and short- and long-term market trends.  

According to Tim Enneking, DCM's Managing Director, "allocating to an actively-managed digital currency fund also offers investors convenience by eliminating the hassles of maintaining multiple public and private keys, wallets, and exchange accounts, and simplifying otherwise complex tax documentation through a streamlined, annual Schedule K-1."

DCM also offers a fund investment option in an Ethereum-denominated (ETH) class, Class E, which launched in May of this year.  Mr. Enneking noted that "Class B and Class E have been attractive options for investors holding large caches of BTC or ETH, such as ICO companies." DCM also offers fund investment strategies denominated in US Dollars, including Class T (a digital currency trading class), Class L (primarily lending on digital currency platforms) and Class I (index-based strategy tracking the Crypto30® Index, www.crypto30.com). 

"As November was one of the worst months in crypto history, we believe crypto markets are in the process of bottoming, and the current confluence of market events makes this environment arguably one of the best times to get into digital currency markets, and in particular crypto-denominated investments," said Mr. Enneking.

About DCM and CAF

Digital Capital Management, a fund manager located in La Jolla, CA, focuses primarily on managing investment portfolios of digital currencies and related assets through fund structures designed for investment by US and Non-US high net worth individuals and institutional investors. Certain fund strategies may pursue strategic investments in promising early-stage blockchain projects. Crypto Asset Fund is open to investment by U.S.-accredited investors and other qualified individuals and institutions, with a minimum investment of $100,000, and generally offers monthly subscription and redemption opportunities.

For More Information

Additional information, and registration for access to newsletters, current performance data and monthly performance update webinars, is available at www.digital-capital-management.com. For further information, please contact DCM Investor Relations at [email protected].

Disclosures

This Release is directed to sophisticated prospective investors for informational purposes only in relation to strategies offered by Crypto Asset Fund, LLC or Crypto Asset Fund (Cayman), Ltd. (each a "Fund").   This is neither an offer to sell nor a solicitation for an offer to buy interests of the Funds, which are offered and sold in the United States per the exemption provided by Rule 506(c) of Regulation D under the Securities Act of 1933, and other applicable exemptions. Neither Fund is registered as an investment company under the Investment Company Act of 1940.  Any offer to sell or solicitation of an offer to buy Fund interests will be made solely through a definitive Fund offering document in compliance with the terms of applicable laws.  As the information in this Release does not comport to be complete, it is entirely subject to and qualified by the information provided by such definitive offering document.

There is no guarantee that any investment will achieve its objectives, generate profits or avoid losses, and past performance is not necessarily indicative of future results.  Investments in digital currencies or funds pursuing investments in digital currencies and related assets are very speculative and can involve a high degree of risk. Investors must have the financial ability, sophistication, experience and willingness to bear the risks inherent with digital assets, and the ability to weather a potential total loss of their investment. Digital assets are not suitable or desirable investments for all investors. Digital assets may have limited operating histories, and the fees and expenses associated with funds pursuing investments in digital assets may be substantial.  The information provided in this Release is not intended to be, nor should it be construed or used as investment, tax or legal advice, and each prospective investor is urged to consult with its own advisors regarding legal, tax, regulatory, financial, accounting, and similar consequences of investing in the Funds, the suitability of the investment for such investor, and other relevant matters concerning investment in the Funds.

SOURCE Digital Capital Management

Related Links

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