In July Blockchain Strategies Fund (BSF) retraced slightly with a return of -0.95% and -1.13% (USD/EUR share class respectively) which provides a YTD return of +137.59% (USD) and +145.27% (EUR) to 31/07/21. Over the last 12 months the fund had delivered +262.66% & +268.65% (USD & EUR).
After a 2 month market retracement (May & June) led by market manipulation & FUD, it was pleasing to see a recovery commence in July. The Crypto Market Cap increased by 15.3% rising from $1.