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Nickel Digital Arbitrage Fund Outperforms S&P500 Despite Crypto Crisis
May 2022 - Crypto
London-based Nickel Digital Asset Management (Nickel), a regulated crypto hedge fund manager, has outperformed the S&P500 since January 2020, despite the initial strong performance of equities during the Covid period.
The firm's Digital Asset Arbitrage Fund had returned 25.5% net of fees between 1 January, 2020, and 24 May, 2022, compared with 22.2% by the S&P 500 and 25.5% by the NASDAQ Composite over the same period.
The corresponding figures for 2022 YTD are -0.6%, -17.3% and -28.0