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Bitcoin, Ether or Cash? Hyperion Decimus Launches Active Strategy Intended to Optimize Investing into Crypto, Leveraging CoinDesk Indices

Bitcoin, Ether or Cash? Hyperion Decimus Launches Active Strategy Intended to Optimize Investing into Crypto, Leveraging CoinDesk Indices

Proprietary Bitcoin & Ether Trend Indicators are Implemented for an Actively Managed, Alternative Investment Strategy, designed for Institutional Investors

Hyperion Decimus (HD), a digital asset management firm and a sponsor of a multi-strategy crypto hedge fund, and CoinDesk Indices (CDI), a subsidiary of CoinDesk and the leading provider of digital asset indices by AUM since 2014, announced the launch of the HD CoinDesk TrendMax Strategy. This quantitative trading strategy is built on weighted signals from CoinDesk Indices’ proprietary Bitcoin Trend Indicator (BTI) and Ether Trend Indicator (ETI), which each convey the presence, direction and strength of the trend in the price of bitcoin and ether respectively by using purpose-built, non-discretionary algorithms.

The HD CoinDesk TrendMax Strategy seeks to address the crypto market’s volatility and regulatory challenges that institutional investors have typically faced when conducting due diligence for investing in digital assets. The HD portfolio management team utilizes a quantitative signal that is fundamentally weighted and actively managed through a disciplined process free of human emotion. The systematic approach delivers a liquid alternative investment solution that can seamlessly rotate among bitcoin, ether, or cash according to the BTI and ETI signal indicators. This strategy is a uniquely designed actively managed approach offered through separately managed accounts (SMAs).

“Our collaboration with CoinDesk Indices helps enable our investors to confidently allocate to crypto across all market conditions,” said Chris Sullivan, Co-Founder and Portfolio Manager of HD. “Crafting a transparent and more sustainable long term investment option for digital asset investing is the next step in our shared mission to deliver institutional-grade cryptocurrency strategies.”

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“We’re excited to partner with HD as they offer, for the very first time, an actively managed alternative investment strategy supported by our popular and powerful trend indicators,” said Andy Baehr, CFA, Managing Director at CoinDesk Indices. “The HD CoinDesk TrendMax Strategy provides the potential for lower risk, higher return exposure to bitcoin and ether due to price momentum and driven by HD’s implementation alpha.”

The trend indicators are used as a way to pursue uncorrelated returns. The BTI and ETI each broadcast one of five possible daily values, each corresponding to an indicated direction and strength of trend in the price of bitcoin or ether. The indicator is calculated daily based on historical price information and a non-discretionary methodology. The indicators seek to identify trends in the price of bitcoin or ether by comparing recent prices to older prices over a recent historical period. If recent prices are higher, an uptrend might be indicated; if recent prices are lower, a downtrend may be in place.

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