Crypto at the Crossroads:
WEBINAR: TUESDAY,
MAY 20ᵀᴴ 12-12:55PM EST
Markets, Regulation, and Adaptive Allocation
- Markets in Motion: Where Macro and Crypto Collide
- Regulatory Winds: Sorting Signal from Noise
- Adaptive Allocation: Inside Amphibian's Fund and Manager Strategy
We Aim for Excellence across Every Metric
Amphibian Unite
Our consortium of 159+ of the world’s leading Digital Assets Funds, Market Makers and Traders.
Assets Under Management
(Projected as of 3/1/25) across our USD, BTC & ETH funds**
YTD Performance
Estimated YTD Returns for our USD Alpha Fund as of 4/30/25
GPs & Team Members
Across our various funds
GP/Team AUM experience
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:
Tuesday, May 20th at 12pm EST
DURATION:
55 minutes on Zoom
Link provided upon registration via email/text
The crypto market is shifting – and smart capital knows how to adapt.
BTC has broke $100K, ETH’s next upgrade is drawing closer, and regulatory clarity is inching forward. In a world where volatility masks opportunity, it pays to stay sharp, agile, and anchored.
Join Amphibian Capital on May 20 for a sharp, strategic look at what’s unfolding—and how adaptive investors are positioning.
What We’ll Cover:
Markets in Motion: Where Macro and Crypto Collide
- BTC’s evolution from “tech beta” to “digital gold”—signal or mirage?
- Signs of a potential macro blow-off top: liquidity pressures, gold divergence, and what it could mean for crypto positioning.
Regulatory Winds: Sorting Signal from Noise
- How ETF flows, SEC actions, and pending regulations are reshaping opportunity—and risk.
- What headlines matter, and what’s likely just smoke.
Adaptive Allocation: Inside Amphibian’s Fund and Manager Strategy
- How we diligence crypto-native managers across BTC, ETH, and USD strategies.
- Building “anti-fragile” portfolios for an unpredictable 2025.
BTC on BTC Yield Live &
Pro-Forma Results*
Amphibian BTC Alpha Pro-Forma Net Performance Since 1/1/19: 168.40% (BTC on BTC)
*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 April as of 4/30/25.
Amphibian Capital Thesis
It’s Simple…
- We are bullish on BTC & ETH over the next 5-10 years
- We expect volatility & inefficiency in the market to continue
- 10-20+ year target: 2-3x+ ETH, BTC and/or USD over this time period
- Current target: 2-4% net per quarter
See our performance by fund here:
YOUR WEBINAR HOSTS
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.
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
CFP(R) GENERAL PARTNER
& CO-FOUNDER
6+ years at Merrill Lynch, Runs $100M+ AUM Private Weath Management Practice, Crypto Investor since ‘14.
This session is designed for allocators who want to understand how to think clearly and act deliberately through noise and volatility.
We’ll walk through our current allocation frameworks, share updated scenario models, and discuss how we’re adjusting in real-time to keep portfolios agile and forward-looking.
