Directional strategies posted their strongest month of the year as market-neutral books continued to quietly compound gains.

Across a survey of 400+ managers, every major digital asset sub-strategy delivered positive average returns in April — a level of alignment not seen in recent memory.

Read all the insights in the latest edition of Strategy Watch now live: glassno.de/3RqzSSn

Inside the new edition:

▪️ Every major crypto hedge fund sub-strategy finished positive in April

▪️ A deep dive into DeFi/Yield strategies, featuring a CIO’s perspective on where edge comes from as lending spreads compress and smart contract risk evolves

▪️ How 400+ managers are positioning for Q2, with cash levels climbing despite a more constructive market backdrop

▪️ The latest allocator activity across tokenized funds, BTC treasury strategies, and institutional on-chain yield vehicles.

Produced in collaboration with Crypto Insights Group.

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