TLDR Crypto · INNOVATION & LAUNCHES

TOKENIZED ASSET MANAGER SUPERSTATE DEBUTS NEW FUND TO PROFIT FROM BITCOIN, ETHER 'CARRY TRADE'

coindesk.com2 min read

Summary from the TLDR Crypto newsletter

Blockchain-based asset management firm Superstate has launched a new tokenized fund that employs a "cash and carry" investment strategy to generate yield for investors. Superstate buys spot bitcoin and ether while simultaneously taking equivalent short positions in BTC and ETH futures. This fund is for qualified investors and emphasizes a highly-regulated, low-risk approach to generating yield.