Sygnum Bank has introduced the ETH Alpha Fund SP, a market-neutral investment vehicle designed for professional clients. The fund aims to generate annual returns between 8% and 10%, net of fees, with performance measured exclusively in ETH rather than fiat currency.
The strategy combines native ETH staking with various trading activities, including options premiums, cross-venue arbitrage, and derivatives carry and funding strategies. It also incorporates statistical and volatility arbitrage models to capitalize on market pricing inefficiencies.
Structured as a Cayman Islands segregated portfolio company, the fund requires a minimum investment of $100 000 or its equivalent in ETH. It offers monthly liquidity, subject to notice periods and a 10% investor-level withdrawal gate.
This launch follows the October 2025 debut of the BTC Alpha Fund, which accumulated over 750 BTC by late January 2026. That predecessor fund reported an 8.9% annualized return in its first full quarter and maintains a track record dating back to January 2022.
Sygnum Bank, established between 2017 and 2018, operates under a Swiss banking license and holds additional regulatory approvals in Singapore and other jurisdictions. The bank serves as the custodian for the new ETH-denominated fund.
