As of August 22, 2024, the Terramatris crypto hedge fund value stood at $3,633.98, marking a weekly growth of $225.68, or +6.62%. This was a strong week for the fund, driven by disciplined options strategies and supportive market conditions.
On this date, Ethereum was trading around $2,630. ETH had shown renewed strength compared to earlier months, consolidating above the $2,500 support zone while still facing resistance near $2,700.
This price level created an attractive environment for our short-put strategies, where premiums were elevated enough to justify selective exposure. Ethereum’s volatility continued to be a double-edged sword—risky, but also rewarding for options income generation.
Bitcoin was priced at $61,168 on August 22, 2024, signaling notable strength compared to its mid-year levels. BTC was once again showing its dominance, holding above the $60,000 psychological threshold and attracting fresh institutional interest.
The combination of option income and carefully balanced long exposure produced a +6.62% return for the week, moving the fund closer to our long-term growth objectives.