Core Fund Performance
The Core Fund proved itself this month with a nice performance of 10.03%. Compared to the benchmark, the CCI30 (crypto index) which finished at 4.59%, we clearly demonstrated that our strategy was paying off.
Our vision is always focused on the future and with foresight we look at new investment opportunities. We are therefore very optimistic about what the near future will bring us. There are several golden opportunities at our fingertips that we would like to exploit, so we invite everyone to spar with us about the movements in the market.
Six Capital Web3 master class
In September, we had the pleasure of hosting a special Masterclass on Web3, in collaboration with INC Networking at The Harbour Club in Eindhoven. This evening was not only informative, taking participants on the fascinating journey of Web3, from its origins to the most recent technological evolutions, but it was also an opportunity to network and exchange previous experiences.
After the Masterclass, we enjoyed an enjoyable networking reception. We have been overwhelmed by the positive response and success of this evening. A heartfelt thank you to everyone who participated.
Inspired by the success of this event, we are pleased to announce, that we will organize a similar Masterclass this month, but in Breda. Are you interested in deepening your knowledge about Web3 or would you like to leverage Six Capital’s expertise?
Below are the details for the Web3 master class.
Date: October 25, 2023
Time: Walk-in from 19:00 | Start Masterclass at 19:30
Location: Oncle Jean – Ginnekenweg 338, 4835 NM Breda
If you are interested please let us know. Then we will provide a personal invitation and make it an informative and certainly enjoyable evening.
Sign up? You can do so at hello@sixcapital.nl or call +31 850 606 596
Multiple spot ETF applications for Ethereum
In the wake of numerous Bitcoin ETF filings, Ethereum is coming to the fore emphatically. While the financial world anxiously awaits the decisions surrounding Bitcoin ETFs, we are seeing a rise in Ethereum ETF filings, highlighting the growing popularity of this digital asset. Ethereum, as the second largest digital asset, is attracting a lot of attention with prominent parties such as ARKInvest and VanEck entering the race. Despite the U.S. Securities and Exchange Commission (SEC) delaying some decision deadlines, Grayscale has distinguished itself by filing two applications for futures-based Ethereum ETFs.
While spot Ethereum ETFs are currently slowing down, futures-based funds are making rapid progress. Companies such as Valkyrie and Bitwise are entering this emerging market with ambitious plans to launch new products focused on both Bitcoin and Ethereum futures. The approval of as many as nine Ethereum Futures ETFs signals clear market demand and highlights the rapidly changing dynamics in the realm of digital investment. With these developments, Ethereum continues to play a central role in the evolving world of digital assets.
Bitcoin surpasses Visa in global transaction volume
Bitcoin’s Stunning Growth
In finance, Bitcoin has achieved a remarkable feat by surpassing Visa in annual transaction volume. This development not only shows Bitcoin’s growing relevance in the financial sector, but highlights the importance of decentralized payment systems for the future.
Bitcoin, created in response to the 2008 financial crisis, promised a new era of decentralized transactions and financial autonomy. Pioneering digital assets and spearheading the Web3 movement, Bitcoin has firmly established its influence. The fact that it now exceeds the transaction volume of a giant like Visa underscores the significance of this development.
This milestone of Bitcoin is a testament to its growth; it indicates a shifting perspective in the financial world. Networks without central authority are becoming increasingly popular. With the emergence of Web3, it is clear that we are only at the beginning of this shift.
