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Crypto Long/Short

NilssonHedge provides a Crypto Long/Short hedge fund index, based on the average return. We do not provide backtracked returns nor allow for “instant track records”. This index largely consists of managers trying to time and hedge the Crypto Markets. The Database contains additional Crypto Long/Short strategies, but due to our cutoff, the number of managers in the early days of the index is limited.

A table displaying monthly percentage changes in cryptocurrency values from January 2019 to December 2026, including year-to-date percentages for each year.
Bar chart illustrating the rate of return for Crypto LS from January 2019 to February 2026, with varying percentages represented for each month.
Bar chart showing the number of managers in Crypto LS from January 2019 to January 2026, with notable fluctuations over the years.
Line graph showing the Crypto LS index from 2019 to 2026, with fluctuations in values, peaking around 500 in early 2021 and stabilizing around 474 in 2026.
Bar graph showing the Index AUM for Crypto LS from January 2019 to January 2026, with notable fluctuations in values over the years.

The purpose of the index is to track funds that are reporting data publicly and will thus exclude certain managers that have chosen not to do so.

The index is based on managers that are part of the database as of the end of the prior year. We do not impose minimum requirements on track records or aum for this subset. Managers that drop out of the index are replaced with the average return of the index.

The index is base weighted at 100 on December 2018, there are no duplicated return streams and the currency of the index is in USD.

Index Constituents

ManagerProgram
168 Trading LimitedSelective Long Series
Abraxas Capital ManagementElysium Alpha Bitcoin Fund
Abraxas Capital ManagementElysium Alpha Ethereum Fund
Alphabeth QuantAlphabeth Quant I
ANB Investments USFull Strategy Fund
Bit CapitalDefensive Growth
Block Asset Management SarlBlockchain Strategies Fund
Blockforce CapitalBlockforce Multi-Strategy Fund
Blue Coin CapitalBlue Coin Fund LP
Cambrian Asset ManagementSystematic Strategies
ChainUp InvestmentSmart Beta Strategy
Coincident CapitalCoincident
Dopamine InvestmentsDopamine Investments
EdgeHill Investment GroupHADES (Short-Only) Cryptocurrency Strat
ExoAlphaBTC ETH Long/Short Strategy
Finality CP ManagementFinality Liquid Opportunities
Genio CapitalCento Systematic Crypto
Hunting Hill Global CapitalHunting Hill Digital Cryptocurrency Opportunities
M11 FundsLiquid Token Fund
ML TechDirectional Quant TS13
ML TechHigh Conviction Trend TS27
ML TechTS23 – Directional Fusion
ML TechTS29 – Active Trend Alpha
ML TechTS35 – Selective Systematic Mean Reversion
P-Hat FundSoft vision
PL Digital Management PtePresto Digital Fund
PL Digital Management PtePresto Digital Fund 1
Plaintext Capital ManagementMaster Fund
Pythagoras Management CompanyCrypto Token
Pythagoras Management CompanyCrypto Token Class B
Pythagoras Management CompanyToken Fund Class E
S2F Capital ManagementS2F Capital
Samara Alpha ManagementMulti-Strategy Fund – BTC+ Class (USD denom)
Silver8Digital Assets
Stoka Global ManagementStoka Global LP
SwissRex AGSwissRex Crypto Fund Ltd
Tellurian CapitalExoAlpha Long/Short Dynamic
Unfair Advantage SystemsManaged Account Program
Unfair Advantage SystemsSystematic Trend Following Long/Short
UTXO Management210k Capital LP
VanEckDigital Assets Alpha Fund
Wakem Capital ManagementQuant Fund
XBTO GlobalDiamond Hands BTC
XBTO GlobalXCOF Trend
xWinAuto Circule (ACX)
xWinBand Bollinger Moving Average (BBMA)
ManagerProgram
Active DigitalLong Short
Alphabeth QuantAlphabeth Quant I
ANB Investments USDigital Assets Quantitative Fund BTC
ANB Investments USFull Strategy Fund
Anna Asset ManagementAnna Fund
Asymmetric TechnologiesAsymmetric Liquid Alpha
Avenue InvestmentsDigital Investments FoF
Blockforce CapitalBlockforce Multi-Strategy Fund
Boge PartnersBoge Digital Assets
Cambrian Asset ManagementSystematic Strategies
Coincident CapitalCoincident
CoinSharesBitcoin Integrated Strategies
DDA Quant SolutionsAbsolute Return Multi Strategy
Factor6Factor6 Partners
Genio CapitalCento Systematic Crypto
Golden Pear CapitalGenesis
Hilbert CapitalV30
Hunting Hill Global CapitalHunting Hill Digital Cryptocurrency Opportunities
Huobi Asset ManagementMulti Strategy Crypto
Iconic AlphaAbsolute Return Multi Strategy
Katonah EveCrypto Futures
LibertyRoad CapitalBTC Active Treasury
Lighthouse Collective CapitalCollective Capital Fund
M11 FundsLiquid Token Fund
ML TechDirectional Quant TS13
PL Digital Management PtePresto Digital Fund
PL Digital Management PtePresto Digital Fund 1
Pythagoras Management CompanyCrypto Token
Pythagoras Management CompanyCrypto Token Class B
Pythagoras Management CompanyToken Fund Class E
Runa Digital AssetsRuna Digital Opportunities Fund
Scenius Capital ManagementDigital Assets Opportunity
Silver8Digital Assets
Stylus CapitalCrypto Momentum Fund
Trovio Asset ManagementDigital Asset Fund
Unfair Advantage SystemsManaged Account Program
Unfair Advantage SystemsSystematic Trend Following Long/Short
xWinAuto Circule (ACX)
xWinBand Bollinger Moving Average (BBMA)
ManagerProgram
Active DigitalLong Short
Alphabeth QuantAlphabeth Quant I
ANB Investments USFull Strategy Fund
Apollo Capital Management PtyApollo Capital Fund
Avenue InvestmentsDigital Investments FoF
Axion Global Asset ManagementCrypto Energetics Strategy
Blockforce CapitalBlockforce Multi-Strategy Fund
Cambrian Asset ManagementSystematic Strategies
CoinSharesBitcoin Integrated Strategies
CoinSharesEtherium Integrated Strategies
DDA Quant SolutionsAbsolute Return Multi Strategy
Genio CapitalCento Systematic Crypto
Hartmann CapitalHartmann Digital Assets
Hunting Hill Global CapitalHunting Hill Digital Cryptocurrency Opportunities
Hyperion DecimusLibertas Composite
Iconic AlphaAbsolute Return Multi Strategy
Katonah EveCrypto Futures
North Rock DigitalNRD
P-Hat FundP-Hat Fund
Plaintext Capital ManagementMaster Fund
Silver Harbor CapitalSilver Harbor Partners
Silver8Digital Assets
Solidum CapitalSolidum Multi-Strategy Fund
SpartanGlobal Blockchain Opportunities
Strix LeviathanNest Fund
Superfund Capital ManagementSuperfund Bitcoin 0-2X
True Code CapitalCrypto Momentum
Unfair Advantage SystemsManaged Account Program
xWinAuto Circule (ACX)
xWinBand Bollinger Moving Average (BBMA)
ManagerProgram
Algoz TechnologiesDigital Asset Fund
Algoz TechnologiesMulti Strategy
ANB Investments USFull Strategy Fund
Blockforce CapitalBlockforce Multi-Strategy Fund
Cambrian Asset ManagementSystematic Strategies
Coincident CapitalCoincident
ExoAlphaBTC ETH Long/Short Strategy
Icoinic CapitalAlgorithmic Fund
Katonah EveCrypto Futures
Lavaliere Capital ManagementLavaliere Capital Fund
LifeCapitalPerpetual
MaiCapital LimitedBlockchain Opportunity Fund SP
North Rock DigitalNRD
Pythagoras Management CompanyCrypto Token
Pythagoras Management CompanyCrypto Token Class B
QuantSquareCrypto Long Short Opportunities
Strix LeviathanNest Fund
Superfund Capital ManagementSuperfund Bitcoin 0-2X
Superfund Capital ManagementSuperfund Crypto Long/Short
True Code CapitalCrypto Momentum
ManagerProgram
Coincident CapitalCoincident
ExoAlphaBTC ETH Long/Short Strategy
Katonah EveCrypto Futures
Lavaliere Capital ManagementLavaliere Capital Fund
Napoleon CryptoDynamix ETH-BTC-USD AR Hourly
Napoleon CryptoDynamix ETH-BTC-USD Long Only
Napoleon CryptoDynamix ETH-BTC-USD Versatile
Pythagoras Management CompanyCrypto Token
Solidum CapitalBitcoin Momentum Strategy
Solidum CapitalSOAC Solidum Actio Crypto Growth Strategy
Solidum CapitalSolidum Crypto Quant Strategy
Solidum CapitalSolidum DeFi Quant
Solidum CapitalSOPR Solidum Cautus Crypto Hedge Strategy
Strix LeviathanNest Fund
Superfund Capital ManagementSuperfund Bitcoin 0-2X
Superfund Capital ManagementSuperfund Crypto Long/Short
ManagerProgram
Blockforce CapitalBlockforce Multi-Strategy Fund
Cambrian Asset ManagementSystematic Strategies
Coincident CapitalCoincident
DeltaCore CapitalDeltacore Digital Assets
GSC AssetCrisis Alpha
Icoinic CapitalAlgorithmic Fund
Lavaliere Capital ManagementLavaliere Capital Fund
Napoleon CryptoDynamix ETH-BTC-USD AR Hourly
Napoleon CryptoDynamix ETH-BTC-USD Long Only
Napoleon CryptoDynamix ETH-BTC-USD Versatile
Pythagoras Management CompanyCrypto Token
Solidum CapitalBitcoin Momentum Strategy
Solidum CapitalSOAC Solidum Actio Crypto Growth Strategy
Solidum CapitalSolidum Actio
Solidum CapitalSolidum Cautus
Solidum CapitalSolidum Crypto Quant Strategy
Solidum CapitalSOPR Solidum Cautus Crypto Hedge Strategy
SwissRex AGSwissRex Crypto Fund Ltd
ManagerProgram
Blockforce CapitalBlockforce Multi-Strategy Fund
Incline Investment ManagementZephyr Cove Crypto
Solidum CapitalSolidum Actio
Solidum CapitalSolidum Cautus
ManagerProgram
Amsys CapitalAMSYS (Digital Asset Fund LP)
Apollo Capital Management PtyApollo Capital Fund
Bletchley Park Asset Management JerseyBletchley Park Master Fund
Cryptos FundCryptos Fund
RG Niederhoffer Capital ManagementOptimal Alpha ST Futures/Crypto
Systematic Alpha ManagementCryptocurrency Program