JUNE MARKET INTELLIGENCE SESSION

WEBINAR: THURSDAY, JUNE 26ᵀᴴ, 12PM EST

Euphoria or Exit? Preparing for the Q3 Blow-Off Top

We Aim for Excellence across Every Metric

Amphibian Unite

AUM
$ 0 B+

Our consortium of 159+ of the world’s leading Digital Assets Funds, Market Makers and Traders.

Assets Under Management

AUM
$ 0 M+

(Projected as of 5/27/25) across our USD, BTC & ETH funds**

YTD Performance

NET
0 %*

Estimated YTD Returns for our USD Alpha Fund as of 5/31/25

GPs & Team Members

0 +

Across our various funds

GP/Team AUM experience

AUM
$ 0 B+

Combined we have managed this amount across multiple asset classes

*Our net performance estimate is derived from performance estimates from each underlying fund in our portfolio. As we do not have final official statements from all underlying funds, our estimated performance will be adjusted as we receive more official statements, but is our best estimate as of the time of this email. Note: this is based on an investor who invested since inception in our onshore feeder with a 2/20 fee structure and high water mark. Depending on your fee structure, feeder structure and timing of investment, it would differ your actual net performance.

**This figure is based on current estimates and is subject to change due to market fluctuations and other factors.

***The Digital Assets Awards are based on a no fee nomination which is vetted by The Digital Banker research team. All shortlisted firms are reviewed by an impartial panel of judges for the various award categories. Amphibian Capital has paid a fee for use of the award badge. The receipt of these awards is not indicative of future performance.

DATE & TIME:

Thursday, June 26th at 12pm EST

DURATION:

55 minutes on Zoom

Link provided upon registration via email/text

Market Sentiment Is Building. Are You Positioned?

As we approach the second half of 2025, signals are flashing:

** BTC approaching parabolic territory **
** ETH reclaiming critical technical zones **
** Retail interest returning in force **
** Capital rotating into high-beta alts **

If this is the euphoric wave—possibly the final one of this cycle—how should allocators, institutions, and sophisticated crypto holders position for asymmetric upside while managing risk?

Amphibian Capital invites you to a high-signal strategic session focused on navigating potential market euphoria and a Q3/Q4 blow-off top.

What We’ll Cover:

Signals of a Blow-Off Top: How to Recognize the Final Run

Key market data, liquidity dynamics, and sentiment patterns pointing to an overheated market—and how institutional players are responding.

Altseason Mechanics: Capital Flows, Momentum, and Rotation

How capital flows rotate across BTC, ETH, and alts—and how to express exposure without overextending.

Risk Management in Euphoria: Adaptive Allocation in Volatile Phases

How Amphibian’s funds are managing risk, identifying structural inefficiencies, and leaning into asymmetric opportunities while preserving capital.

Inside Amphibian’s Latest Allocations

How we’re preparing our USD, BTC, and ETH Alpha Funds for the second half of 2025—including new manager entries, red flags removed, and tilts we’re making now.

BTC on BTC Yield Live &
Pro-Forma Results*

Amphibian BTC Alpha Pro-Forma Net Performance Since 1/1/19: 168.37% (BTC on BTC)

2019
+ 0 %
2020
+ 0 %
2021
+ 0 %
2022
+ 0 %
2023
+ 0 %
2024
+ 0 %
2025 YTD**
+ 0 %

*Pro forma performance, representing the average annualized performance from January 2019 through July 2023, net of all fees, for the portfolio of underlying funds that Amphibian Fund invested in beginning on August 1 2023, if the same portfolio had been fully invested as of January 2019 with no rebalancing. Please note each fund was added to the portfolio at a different time, and beginning on August 1, 2023 actual net fund performance is included. All underlying fund performance has been included from the date each fund was added to the portfolio. Note each underlying fund is the best estimate we have for the BTC share class. Not all were live as long as USD funds (so subtracted off funding costs etc for those time periods). This fund selection mirrors our latest ETH portfolio and a number of lessons from 13+ months of live data with that portfolio. In years prior to 2023, we’ve done our best to keep allocations to the max limits and adjust accordingly. Also know weightings over time would be slightly inaccurate as month on month weightings shift, depending on terms.

**Best projected estimate for May as of 5/31/25.

Amphibian Capital Thesis

It’s Simple…

See our performance by fund here:

YOUR WEBINAR HOSTS

JAMES HODGES,

MANAGING PARTNER &

CO-FOUNDER

Multiple Founder & Crypto Influencer. Finance @ UC Berkeley, in Crypto since ‘13. Helped Scale Fintech start-up MX.com from 2-28M users.

Alex
Alexandre Pereira,

COO, FORMER GLOBAL EQUITIES EXECUTION SERVICES COO, HSBC

20+ years in global investment banking and crypto hedge funds, specializing in equities, crypto execution technology, operations, risk, and compliance

Todd Bendell
TODD BENDELL,

CFP(R) GENERAL PARTNER
& CO-FOUNDER

6+ years at Merrill Lynch, Runs $100M+ AUM Private Weath Management Practice, Crypto Investor since ‘14.

Why Attend?

Institutional-Grade Insight:

Learn from fund managers actively allocating across 15+ quant-driven crypto hedge funds.

Tactical Positioning:

Walk away with a clear map of where we are in the cycle—and what to do about it.

Proprietary Intelligence:

Get a preview of Amphibian’s latest models and how we’re leaning into momentum… or preparing to hedge it.

Site Logo
Amphibian Capital is a Digital Assets fund of funds investing in the world’s leading Digital Asset hedge funds. We have researched 700+ funds, vetted 100+, and constructed a portfolio with the top 15-20 based on a proprietary diligence process and algorithm. This provides accredited investors and institutional allocators with the ability to gain diversified digital asset exposure with one investment. Amphibian Capital offers USD, BTC, and ETH denominated funds.
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launching 11/1/24