Digital Wealth Insider - Portfolio Update Aug ‘24

First and foremost, thank you for your continued partnership on this investment journey. Your support is invaluable to us.

The dips are where the money is made…

Volatility is a feature of the asset class, not a flaw.

Fund Performance

The fund's performance this past month was down -18.6% (after fees). The fund has a positive annualized return of +5.77% since the fund launched in August 2023.

Despite recent turbulence, we have deliberately maintained a bullish stance. Here’s why we believe the market is poised for a strong finish to the year:

Key Developments to Watch

1. Potential Rate Cuts: A Boost for Crypto?
With a potential rate cut on the horizon this month, we may see a favorable shift for crypto markets. Lower interest rates typically lead to increased liquidity and risk appetite, which could fuel a fresh wave of investment in digital assets.

2. Political Climate Turning Pro-Crypto
As the U.S. presidential election approaches, the political landscape appears increasingly favorable for crypto. Both Donald Trump’s pro-crypto stance and Kamala Harris’s more positive outlook suggest potential regulatory support. This could ease compliance burdens and open the door to wider adoption.

 3. Institutional Adoption Gathers Pace
The recent launch of Bitcoin and Ethereum ETFs is a strong signal of growing institutional interest. These financial products make it easier for traditional investors to gain exposure to digital assets, potentially driving more capital into the market and creating upward momentum.

If you’re an accredited investor and you’d like to go review your current crypto portfolio and strategy click here to hop on a call with me to discuss. 

'Be fearful when others are greedy and greedy when others are fearful'
-Warren Buffet

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