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What Gives C10 (Crypto10 Hedged) So Much Value?

Invictus Capital   Mar 09, 2021 10:00 3 Min Read


Within the first quarter of 2021, the cryptocurrency market has seen a surge in the retail and institutional sectors and their adoption of cryptocurrency. Bitcoin, the world's most valuable and widely traded cryptocurrency, reached an all-time high of $56 445 per bitcoin on the 22nd of February 2021. There is no doubt that the word ‘cryptocurrency’ is receiving more airtime than ever before. Extremely well-respected CEO of Tesla, Elon Musk, announced they invested 1.5 billion USD in Bitcoin in early February. This has since led to a rapid gain of momentum and trust in the cryptocurrency market, driving the price in a positive direction ever since.

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2020 proved to be one of the toughest financial years, with the global coronavirus pandemic impacting economies worldwide and bringing daily life to a grinding halt. Despite many industries struggling immensely, the cryptocurrency market one could say ‘mooned’, with the total market capitalization increasing by well over a trillion dollars in 2020. The total market capitalization of all cryptocurrencies on the 1st of January 2020 was at a mere $190 billion USD. Since then, we have seen an overall increase of roughly 720%, reaching a total market capitalization of over $1.5 trillion USD to date. This resulted in more than a 1.3 trillion USD increase in just over one year.
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With this worldwide cryptocurrency adoption, many wonder if they should enter the realm of crypto assets too? There are currently around 8 509 cryptocurrencies available, therefore choosing how you want to enter this volatile market is proving to be a difficult choice for many. Invictus Capital has since introduced the Crypto10 Hedged fund (C10) in March 2019. C10 provides investors with exposure to the top 10 crypto assets by market capitalization. This fund aims to choose a basket of crypto assets to diversify your risk even further. Investing in a crypto hedge fund instead of directly in the market will be a more attractive option for many investors, especially those entering the market for the first time, because using a vehicle run by seasoned management is probably safer than direct market participation.

Since its inception,  this fund has gained immense popularity due to its unique cash hedging option, and we have seen a total performance to date of a 420% increase in value in under 2 years. This fund has been an excellent diversification tool aimed at risk-averse investors looking to gain exposure to the cryptocurrency market and be somewhat protected from full exposure.

 

C10 is an actively managed fund, using a cash hedging algorithm that converts the assets to cash in times of market distress. The fund will then re-invest the cash when the opportunity arises, and the market has somewhat recovered. Over the past few weeks, we have seen an increasing trend of investments into the C10 fund, with the Fund Value reaching new heights of above $9.4 million and a C10 token NAV (Net Asset Value) of $5.135.

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These tremendous results are a direct representation of the fund’s brilliant performance in a highly volatile market and the effectiveness of the fund's algorithm. Due to the extremely competitive nature of the crypto market to date, C10 aims to ride the bull market and offer high returns to investors with an added “insurance policy” as a hedge, providing a lower risk investment. With a market that is scaling at a rapid pace, reaching new standards daily, and with so much future potential, Crypto 10 Hedged is one of the best investment tools on the market. Given the history of C10, the hedging algorithm unquestionably equip’s investors in this unpredictable market.


Image source: Invictus Capital Media

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