Sigil Fund

Sigil Fund is a regulated European crypto investment fund offering two strategies: Core, an actively managed directional strategy, and Stable, a market-neutral yield strategy. The fund focuses on identifying early-cycle winners in crypto and holding positions with strong fundamentals, as demonstrated by its continued holdings in HYPE and part of its CRCL position.

Its core competency lies in active cycle management—entering high-potential assets early and exiting before hype fades—combined with disciplined risk control. For instance, during the 2025 market downturn, the fund remained near break-even in USD terms, and in 2026 it delivered +8.18% YTD versus USD. The Stable strategy has shifted from synthetic yields toward structural infrastructure opportunities, such as on-chain TradFi and commodities perpetual markets, aiming for sustainable returns.

The market pain points Sigil addresses include high volatility, the difficulty of timing crypto cycles, and the prevalence of unsustainable yield sources. It also acknowledges industry-wide risks: in Q2 2026, DeFi protocols suffered from successful hacks and social engineering exploits, which the fund cited as a reason for cautious DeFi exposure. Additionally, the broader market faced challenges from Bitcoin's correlation with macro factors like MicroStrategy's financial condition and pending dividend obligations.

Over the past six months (Feb–Aug 2026), Sigil reported strong performance for Core, driven by positions in HYPE and LIT perpetual exchanges, while Stable navigated the difficult environment without capital loss. The fund also launched a new vehicle, Sigil Supernova, a hybrid public/private strategy targeting frontier technologies beyond crypto, while reaffirming that its two crypto funds remain flagship products. Looking ahead, the fund highlights regulatory tailwinds in the US, continued institutional adoption, the multi-trillion-dollar tokenized real-world asset opportunity, and AI-driven stablecoin payment systems as key trends.