Bitcoin-denominated · Monthly (30-day notice) · Launched 15 Sep 2024
Xapo Byzantine
Bitcoin-denominated credit fund, available through Xapo Bank.
For professional investors only
Strategy
Bitcoin-denominated structured credit fund. Cayman fund; assets held in cold storage; access via a Xapo account only.
Performance
Net of fees · Sep 2024 – August 2026
Returns are net of transaction costs and of management and performance fees, and are stated in BTC.
Past performance is not indicative of future results.
Annualised Return
2.58%
Year to Date
1.75%
Since Launch
5.23%
% Months Positive
100.00%
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.22 | 0.20 | 0.22 | — | — | — | — | 1.75 |
| 2025 | 0.25 | 0.22 | 0.22 | 0.22 | 0.24 | 0.23 | 0.25 | 0.23 | 0.22 | 0.22 | 0.22 | 0.23 | 2.78 |
| 2024 | — | — | — | — | — | — | — | — | 0.04 | 0.13 | 0.18 | 0.26 | 0.61 |
Ratios are stated against a 0% hurdle. The programme is denominated in BTC and reports in BTC terms, so no cash rate is subtracted. Risk figures are calculated from monthly returns and scaled to annual by the square root of twelve.
Institutional Digital Asset Management