October 2023

Episode 9 / TerraM Multi Asset Fund Cracks $100 for the First Time

On October 19, 2023, the Terramatris crypto fund reached a total value of $102.68, posting a weekly increase of $9.82—a gain of 10.58% for the week.

A major theme in mid-October 2023 was spot Bitcoin ETF speculation, including a widely reported episode where Bitcoin spiked toward $30,000 on a false claim of ETF approval and then pulled back after it was denied/retracted.

Episode 8 / TerraM Multi-Asset Fund rises to $92.86

On October 12, 2023, the TerraM Multi-Asset Fund reached $92.86, delivering a +15.45% increase compared to the previous week. .

This weekly jump is notable because it reflects performance across a diversified basket rather than a single high-beta bet. Weeks like this are useful “marker dates” in a fund’s history: they help separate sustainable process-driven performance from noise, and they provide clean reference points for later attribution (what contributed vs. what simply moved with the market).

Episode 7: Fund Jumps to $80.43 on Oct 5, 2023

On October 5, 2023, the Terramatris crypto fund reached a total value of $80.43, extending the previous week’s momentum with a gain of roughly 25.3% week-over-week

Around Oct 5, market commentary focused on Bitcoin’s failed push through the $28,000 area, with reports describing BTC being rejected near $28K after the U.S. session open and then pulling back.