#USA #Toronto #Bitcoin Investment #Alpha Digital Fund #USD Class II

Further and 3iQ Launch USD Class II

In a significant move for digital asset investing, Further Asset Management and 3iQ Corp have unveiled the USD Class II share class for the Further x 3iQ Alpha Digital Fund (ADF). This new offering, announced on June 1, 2026, aims to cater specifically to USD-denominated investors seeking to gain long exposure to Bitcoin while harnessing alpha generation without the complexities associated with direct Bitcoin ownership.

The Need for USD Class II

Institutional investors have increasingly expressed the desire for simpler ways to invest in cryptocurrencies, especially Bitcoin, without the added operational burdens. USD Class II fulfills this need by allowing investors to participate in the scarce and convex nature of Bitcoin through a straightforward USD subscription process. According to Tommaso Mancuso, President and CIO of 3iQ, this share class effectively combines two critical elements – disciplined alpha generation and exposure to Bitcoin's unique characteristics, all within a robust USD-denominated structure.

Structure of the Fund

With the introduction of USD Class II, the ADF now comprises three share classes, offering flexibility in portfolio construction:
1. ADF – USD Class I: Designed for pure alpha objectives, this class provides limited BTC exposure while focusing on market-neutral strategies across liquid digital assets. It's tailored for investors looking to exploit structural inefficiencies without significant net exposure to Bitcoin.
2. ADF – USD Class II: The newest addition that integrates both BTC exposure and alpha generation, enabling investors to gain from Bitcoin's performance through a familiar USD system without having to hold BTC directly.
3. ADF – BTC Class A: A class for investors committed to growing their Bitcoin holdings. It allows subscriptions and redemptions directly in Bitcoin, designed to capture alpha while maintaining long BTC exposure throughout the investment period.

Investor-Centric Design

Faisal Al Hammadi, Managing Partner at Further, emphasized that the launch of USD Class II represents a practical, investor-led approach that characterizes the ongoing partnership with 3iQ. This share class not only caters to clients' desires to stay invested in digital assets without needing to manage Bitcoin themselves but also assures a commitment to disciplined alpha generation alongside Bitcoin exposure.

About the Companies

3iQ Corp has been at the forefront of digital asset management since its inception in 2012. As a pioneer in providing institutional-level investment solutions, 3iQ has launched various innovative products, including the world’s first Bitcoin and Ethereum exchange-traded products (ETPs) listed on major stock exchanges. This track record solidifies its reputation as a leading asset manager in the digital space.

On the other hand, Further Asset Management, based in the UAE, is recognized for linking advanced financial infrastructures with global capital markets, establishing itself as a trusted partner for institutions worldwide. The firm focuses on delivering regulated investment opportunities, enabling clients to execute sophisticated financial strategies securely.

Conclusion

In summary, the newly launched USD Class II by Further and 3iQ represents a transformative step in simplifying blockchain investment for traditional investors. By combining Bitcoin exposure with effective alpha strategies in a familiar USD framework, this innovative product opens new avenues for institutional investors, allowing them to navigate the ever-evolving digital asset landscape with confidence.