The Bitwise Crypto Carry Fund now yields 5.90%, up from roughly 4% a couple of months ago, driven by the widening futures basis across major digital assets. The fund, trading under the ticker USCC with daily liquidity, manages 137.70 million dollars in assets with long positions in Bitcoin, Ether, Solana, and XRP paired against short futures positions. With a 0.75% management fee, a minimum investment of 100,000 dollars, and restricted to qualified purchasers, the fund also holds liquid staking positions like weETH and JitoSOL to generate additional yield. This nearly 6% yield on a market-neutral strategy compares favorably to money market funds and short-duration treasuries.
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