Crypto bank Sygnum launches ETH fund targeting 8% to 10% annual returns

on November 12, according to The Block, crypto bank Sygnum launched the market-neutral fund ETH Alpha Fund SP, targeting an annualized yield of 8% to 10% denominated in ETH after fees.

The fund combines native ETH staking, options premiums, cross-platform arbitrage, and derivative holding yield and funding rate strategies, with gains and losses denominated in ETH rather than USD. The fund opened to investors on November 2, targeting accredited and professional investors in permitted markets such as Switzerland.