Cash Is King for Canada's Crypto Fund

The video discusses the current preference for cash over cryptocurrencies, highlighting a fund's strategy of holding 90% in cash and 10% in Bitcoin. The fund manager uses Bitcoin's 30-day moving average as a key metric to guide investment decisions. The fund, launched just before Bitcoin's peak, aims to outperform Bitcoin despite its overall decline. Regulatory challenges limit the fund's ability to diversify its crypto holdings, but future opportunities in altcoins and ICOs are anticipated.

Why has the fund shifted a large portion of its investments into cash?

• The fund is required by law to hold cash.

• The fund manager prefers cash over cryptocurrencies.

• Cash is considered a safer investment.

• Cryptocurrencies have been performing well.

What is the primary metric used by the fund manager to make investment decisions?

• The price of Ethereum

• The daily trading volume of Bitcoin

• The 30-day moving average of Bitcoin

• The annual growth rate of cryptocurrencies

What happened to the price of Bitcoin shortly after the fund was launched?

• It increased significantly.

• It remained stable.

• It doubled in value.

• It decreased by about two-thirds.

How has the fund performed compared to Bitcoin from March to June?

• The fund outperformed Bitcoin.

• The fund underperformed Bitcoin.

• The fund's performance was not compared to Bitcoin.

• The fund and Bitcoin had the same performance.

What regulatory limitation is affecting the fund's investment strategy?

• Inability to invest in more than 6 cryptocurrencies

• Requirement to hold 100% in cash

• Mandate to invest only in traditional stocks

• Prohibition on investing in Bitcoin