April 2024

The TerraMatris crypto hedge fund closed the week ending April 25, 2024, on a strong note, posting a portfolio value of $2,050.41. This marks a $175.68 gain or an impressive 9.37% increase compared to the previous week.

This week’s positive performance is a testament to TerraMatris’s strategy of steady, systematic trading—focusing on selling options (puts and covered calls) on major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), while reinvesting premiums into spot holdings to compound returns over time.

As of April 18, 2024, the fund’s value has declined to $1,874.73, marking a -9.87% drop week-over-week, equivalent to a -$205.23 decrease in dollar terms. This marks one of the steepest weekly losses in recent memory and underscores the heightened volatility across the cryptocurrency market.

As of April 11, 2024, the fund’s value has climbed to $2,079.96, an increase of $84.29 from the previous week, marking a healthy 4.22% gain. This solid performance reflects a return to steady growth and contributes to our longer-term upward trend.