3iQ and AltNovel Launch Middle East’s First Multi-Strategy Digital Assets Fund
Canadian investment fund manager 3iQ has partnered with Abu Dhabi-based AltNovel to introduce the Middle East’s inaugural multi-strategy digital assets fund, the AltNovel Digital Access Portfolio (ADAP). Announced on May 7, 2025, this fund targets qualified institutional investors with a focus on reduced correlation to traditional markets. Regulated by the Financial Services Regulatory Authority, ADAP aims to deliver lower volatility while capitalizing on the growth potential of digital assets like Bitcoin. This strategic move highlights the increasing institutional adoption of cryptocurrencies and their integration into diversified investment portfolios. The launch underscores the Middle East’s growing role in the global digital asset ecosystem, with Bitcoin remaining a cornerstone asset for institutional strategies.
3iQ and AltNovel Launch Middle East’s First Multi-Strategy Digital Assets Fund
Canadian investment fund manager 3iQ has partnered with Abu Dhabi-based AltNovel to introduce the region’s inaugural multi-strategy digital assets fund. The AltNovel Digital Access Portfolio (ADAP), announced on May 7, targets qualified institutional investors with a focus on reduced correlation to traditional markets.
Regulated by the Financial Services Regulatory Authority, ADAP aims to deliver lower volatility and drawdowns compared to direct Bitcoin exposure. The fund structure provides balanced institutional access to crypto assets while mitigating risks associated with single-asset strategies.
Strive Asset Management to Become First NASDAQ-Listed Bitcoin Treasury Firm
Strive Asset Management, led by Vivek Ramaswamy, is making a landmark pivot toward Bitcoin by merging with Asset Entities Inc. The combined entity will trade on NASDAQ as the first publicly listed asset manager fully committed to the Bitcoin Standard.
CFO Ben Pham outlined an aggressive strategy: "Strive intends to use all available mechanisms, including novel financial strategies not used by other Bitcoin treasury companies, to maximize its exposure to Bitcoin." The firm will evaluate all capital deployments based on whether they outperform Bitcoin—positioning the cryptocurrency as the ultimate benchmark for corporate strategy.
Bitcoin’s $97K Consolidation Amid Macro Uncertainty Sparks Divergent Analyst Views
Bitcoin’s stabilization NEAR $97,000 has created a paradoxical calm in crypto markets, with investors seemingly discounting mounting macro risks. The asset’s resilience contrasts sharply with growing tensions across traditional finance, where central bank policies, $10 trillion in looming global debt maturities, and erratic ETF flows compound uncertainty.
"This isn’t 2021’s risk-on frenzy," notes a Bitget research lead, pointing to Bitcoin’s 30-day volatility hitting 18-month lows despite escalating trade wars and interest rate ambiguity. ETF inflows—often touted as bullish—now show concerning divergence, with Coinbase institutional custody balances growing three times faster than exchange-traded product demand.
No historical model cleanly applies. The 2016 halving cycle lacked ETFs; the 2020 rebound had zero-rate tailwinds. Today’s landscape features both institutional infrastructure and unprecedented debt saturation. Analysts at Bybit and Binance disagree sharply on whether current prices reflect smart accumulation or dangerous complacency.
Bitcoin Rises as Fed Holds Rates Steady
Bitcoin climbed approximately 2% following the Federal Reserve’s decision to maintain interest rates unchanged. The cryptocurrency has surged 22% over the past month, reflecting growing investor confidence amid macroeconomic uncertainty.
The Fed’s inaction, keeping rates at a target range of 4.25% to 4.5%, was widely anticipated despite political pressures. Central bankers emphasized a data-dependent approach to future policy adjustments, citing heightened economic uncertainties stemming from trade tensions.
Best Crypto to Buy as Bitcoin Jumps 3% and Rallies Towards $100K
Bitcoin’s 3% surge reignites bullish sentiment, with traders eyeing the $100,000 milestone. The rally has lifted the entire crypto market, evidenced by a 45% spike in spot volumes and a Fear & Greed Index reading of 67—firmly in ’Greed’ territory.
Altcoins typically follow Bitcoin’s lead during such momentum shifts. This correlation stems from BTC’s role as the market bellwether, where its price action often dictates capital flows into smaller-cap tokens. The current uptick suggests growing risk appetite among investors.
