SPECIAL REPORT: Galaxy Digital Debuts $100M Crypto Hedge Fund đš
Mike Novogratzâs Galaxy Digital has officially secured $100 million for a new hedge fund launching in Q1 2026; the vehicle targets both long and short positions to profit from market volatility đ.
The fund allocates 30% directly to crypto tokens like Bitcoin and Solana, while 70% flows into financial stocks impacted by digital asset disruption; this marks a strategic shift toward active tactical management đŒ.
Lead manager Joe Armao noted that the "up-only" phase of the cycle is evolving into a more complex landscape; institutions are now seeking sophisticated ways to hedge systemic risks while capturing alpha đĄïž.
Galaxyâs move underscores a strong institutional conviction that market pullbacks offer prime entry points; the firm currently manages over $17 billion in assets as it bridges the gap between TradFi and Web3 đŠ.
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