Crypto investment firms 3iQ and Cryptonite launch structured investment vehicles in Switzerland
PANews reported on June 5 that, according to CoinDesk, crypto asset management company 3iQ and Cryptonite Asset Management, a Swiss licensed institution, jointly launched the actively managed certificate (AMC) product "3iQ Criptonite Multi-Factor AMC". This hedge fund product adopts a long-short strategy, which will dynamically capture market ups and downs, and is expected to be listed and traded on the Swiss SIX exchange. 3iQ was one of the first institutions to launch Bitcoin and Ethereum funds on the Toronto Stock Exchange, and the CEO of Cryptonite said that the best fund managers in the traditional market are turning to the digital asset space to capture excess returns.