Spiko Digital Assets Cash & Carry Fund (SPKCC)

Rank #1455

Spiko Digital Assets Cash & Carry Fund, also known as SPKCC, is a systematic fund that seeks predictable returns with a market-neutral approach. Instead of relying on direction in the crypto market, the fund allocates resources monthly among opportunities that offer the highest net return.

How the strategy works

Spiko Cash & Carry's strategy compares, each month, a classic cash-and-carry operated via CME futures and also allocation in short-term U.S. Treasury Securities. The allocation is made to select the alternative with the highest net return during the period.

The goal is to capture gains with predictability, targeting returns that exceed the prevailing risk-free interest rate, with exposure constructed to reduce directional risk.

Why the fund is considered market-neutral

SPKCC seeks to lock in a rules-based return logic, transparently and without taking crypto directional risk. In addition, the fund's proposal includes avoiding exposure to the interest rate variation risk associated with its design.

In practice, investors' performance tracks a strategy index with explicit rules.

Relationship with the crypto ecosystem and applications

As it is a product focused on a cash-and-carry mechanism and on short-duration fixed-income instruments, SPKCC connects to the crypto market without operating based on bullish or bearish bets. This approach may be relevant for those seeking institutional exposure to a market-neutral approach.

The fund circulates in the context of ecosystems such as Ethereum and Polygon, although its logic depends on allocation among specific financial opportunities.