UTXO Management, which operates under BTC Inc., renowned for its involvement with Bitcoin Magazine and Bitcoin Conference, ranked among the top five hedge funds in 2024 based on HFR data. Their latest initiative aims to launch a Bitcoin treasury company similar to Metaplanet to facilitate access to Bitcoin assets in various international markets, including Latin America, the Middle East, and Asia.

Key Insights:

• 210k Capital, a Bitcoin-centered hedge fund, achieved a 164% return in 2024, becoming the fifth best-performing single hedge fund according to HFR.
• The fund’s success is credited to investments in Bitcoin strategy firms like Strategy and Metaplanet.
• UTXO Management is focused on expanding its Bitcoin treasury model globally, targeting emerging markets.

In a strategic pivot from its initial high-net-worth clientele, UTXO Management now seeks to cater to institutional investors requiring compliant investment vehicles in Bitcoin. As the landscape for cryptocurrency funds becomes more permissive, Evans highlighted that the addition of Bitcoin ETFs, particularly post-January 2024 approvals, is enhancing liquidity for investors.

Future Plans:

Evans expressed optimism about creating a Bitcoin treasury firm in every tier-one financial market worldwide, leveraging their involvement in companies like Metaplanet and expanding their portfolio to include various prospective markets across the globe.

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