Swiss crypto bank Sygnum has successfully raised over 750 Bitcoins for its market-neutral Bitcoin fund, "Starboard Sygnum BTC Alpha Fund," within four months of its launch in October 2025. The fund, which concluded its seed funding phase, reported an annualized return of 8.9% in the fourth quarter. The fund aims to generate returns independently of Bitcoin price fluctuations by employing strategies such as arbitrage on centralized exchanges and leveraged spread trading. This approach allows investors to benefit from market inefficiencies while minimizing exposure to Bitcoin's price volatility.