View on the Market

Apr 5

The Bitcoin Halving is about 10 days away

TLDR: March saw a pause in the recent crypto rally, but optimism remains high with the Bitcoin Halving approaching, an event known for market volatility. The pattern of previous halvings suggests positive prospects. Meanwhile, significant institutional moves, like Blackrock's first tokenized fund on Ethereum and plans for Ethereum spot ETFs, highlight growing institutional interest in crypto, especially Ethereum, suggesting a broader validation and potential impact on the ecosystem.

March has been an interesting month again. Although the rally experienced in February and at the beginning of March seems to have stopped due to a strong correction, we are still at excellent levels and with an apparent strength to continue on an upward path.

However, in a few days, we have ahead the Bitcoin 'Halving', a highly anticipated event, which usually generates a lot of volatility in the days before and after the event.

For now, scenarios from previous halvings are being met, which positions us optimistically for the coming months.

On the other hand, we continue to closely follow the advances of institutional investors in the crypto territory. On one hand, Blackrock is launching a first tokenized fund together with Securitize on the Ethereum network, and on the other, the application to issue Ethereum spot ETFs.

As we mentioned in our report 'View on the Future', we believe that the validation of Ethereum by institutional investors can have an even greater impact on the entire ecosystem, since it also validates a series of projects within the ecosystem.

Alpha One Update:

Month to Month* +8.22%

Year to Date* +36.51%

Since Inception** +121.75%

Another good month where the portfolio grew +8.2% compared to the previous month. We maintain the composition by keeping a strong exposure to BTC and other high-capitalization tokens, only making minor adjustments for internal rebalancing of strategies.

We keep a cash position in anticipation of the Halving, which we foresee will generate additional volatility in the market, which may lead to opportunities.

Edu Forte,

CEO and Co-Founder.