Bluebottle Bitcoin Plus (BBP)
About
The Bluebottle Bitcoin Plus (BBP) provides secure exposure to the emerging blockchain ecosystem, with a focus on long-term capital appreciation. The Fund is fully invested in a core Bitcoin position enhanced by active market-neutral strategies to build superior returns.
2 YEAR RETURN
Why Invest?
Experienced Leadership
A highly knowledgeable team.
Performance Target
BBP aims for BTC plus 10%.
Secure Custody
Institutional-grade asset protection.
Stability
Daily liquidity for seamless entry and exit.
Access
Available through market-leading wealth platforms.
Proven Track Record
6 years of audited performance history.
Efficient Structure
USD Cayman Fund Master with AUD Unit Trust Feeder.
Regulated Management
Managed by a licensed asset manager.
Fund Strategy
The BBP has a multi-strategy approach that includes utilising collateral from safe custody to add yield to a core BTC position. With a six-year audited track record, it operates as a USD Cayman Master Fund and an AUD Unit Trust.
Yield Enhancement
Selective use of staking ore restaking strategies to enhance returns.
Daily Liquidity
Daily Liquidity subject to 25% daily fund aum gate.
Portfolio Management
Multi-strategy approach. Targets a return of 10% over a defined benchmark – IBIT (Blackrock BTC ETF).
Subscriptions
Subscriptions available in USD & AUD.
Liquid Trading Strategies
Variety of liquid trading strategies across arbritage, funding and basis.
Fees
1.25% management fee & 20% performance fee over the IBIT benchmark.
Risk Versus Return Over the Past 2 Years
How to Invest
Available for Wholesale or Professional Investors only.
Wholesale clients and sophisticated investors:
'Wholesale clients' and 'sophisticated investors' are defined in the Corporations Act 2001 (Cth) and include a person who has a certificate from a qualified accountant (obtained within the last six months), stating that such person has net assets of at least $2.5 million and/or a gross income for the past two financial years of at least $250,000 a year.
Foreign Investors
The Fund is not available to US Investors.
Overview of Terms
| Master Fund | Australian Feeder Fund | |
| Fund Name | Bluebottle Bitcoin Plus | Bluebottle Bitcoin Plus Australia |
| Management Fee | 1.25% | 1.25% |
| Performance Fee | 20% (above IBIT Benchmark) | 20% (above IBIT Benchmark) |
| Minimum Subscription | US $100,000 | A $10,000 |
| Base Currency | USD | AUD |
| Subscription | Daily | Monthly, 3 business days' notice |
| Redemptions | Daily | Monthly, 20 business days' notice |
| Gate | 25% Fund AUM Daily | 25% Fund AUM Daily |
| Manager / Trustee | Trovio Asset Management Ltd | TAF Capital Pty Ltd |
| Administrator | NAV Fund Services Cayman | NAV Fund Services Cayman |
| Bank | Nortdern Trust, SEBA, Sygnum | National Australia Bank (NAB) |
| Custodians | Fireblocks & Standard Charter Bank | Fireblocks & Standard Charter Bank |
| Auditor | Cohen & Co Cayman | Cohen & Co Cayman |
| Legal | Walkers Hong Kong | Minter Ellison |
| Investment Platforms | Powerwrap, AMM, Colonial First State (CFS Edge) |