Fortuna Funds Launches Innovative Hedged Bitcoin Fund on Cboe Exchange

Fortuna Funds Launches Innovative Hedged Bitcoin Fund on Cboe Exchange



In a significant development in digital finance, Fortuna Funds has made its entrance into the public market with the launch of its inaugural investment vehicle, the Fortuna Hedged Bitcoin Fund (HBTC), now listed on the Chicago Board Options Exchange (Cboe). This milestone represents the company’s goal of providing investors with a unique opportunity for risk-adjusted exposure to bitcoin.

Founded by industry veterans Mark Adams and Joe Sando, Fortuna Funds aims to bridge the gap between traditional investment strategies and the evolving landscape of cryptocurrency. With over four decades of combined experience in financial investment management, Adams and Sando recognized a demand for professional strategies tailored for a broader investor audience, particularly in areas dealing with downside hedging.

Introducing the Fortuna Hedged Bitcoin Fund (HBTC)


The Fortuna Hedged Bitcoin Fund stands out for its innovative approach; rather than directly investing in bitcoin itself, the fund manages exposure through options on bitcoin-related securities. This strategy allows investors to benefit from the potential upside of bitcoin while employing risk management techniques designed to mitigate volatility. HBTC can be viewed as the first publicly traded, hedged bitcoin exchange-traded fund (ETF) available to the market.

One of the key features of the fund is an actively managed options-based hedge designed to lower volatility and ensure a more stable investment experience. This is especially enticing for risk-averse investors who are aware of the infamous price fluctuations associated with cryptocurrencies. As Sando articulately puts it, “It’s a new strategic entry point for the risk-averse investor.” This highlights the fund’s mission to merge growth potential with capital preservation, making sophisticated investment strategies accessible to everyday investors.

A New Era for Crypto Investments


HBTC made its official debut on March 19, 2025, with the ceremonial bell ringing at the Cboe, symbolizing Fortuna Funds’ commitment to transparency and performance. The market maker for the fund, Wolverine Trading, has pledged to support its trading activities, enhancing market efficiency and liquidity.

Adams expressed enthusiasm about the fund’s initial performance and the efficacy of its downside hedging strategies. He stated, “With HBTC performing well, our long-term vision of creating a platform featuring hedge fund-style investments with risk-adjusted options is coming to life.” This reflects Fortuna Funds’ intent not just to launch a single product but to initiate a broader movement toward diversifying investment options in emerging asset classes.

Future Aspirations


The launch of the Fortuna Hedged Bitcoin Fund is just the beginning. Fortuna Funds has plans for thoughtful expansion into other high-potential sectors, moving beyond cryptocurrency into various areas that promise lucrative investment opportunities. By leveraging their expertise in risk management and derivatives, they aim to create other innovative investment solutions catering to both retail and institutional investors alike.

Importance of Due Diligence


As with any investment, it is crucial for investors to conduct thorough research before involvement. Fortuna Funds encourages individuals to consider the investment objectives, risks, charges, and expenses associated with the fund. Beginners in crypto investing, or those new to the fund, are advised to visit Fortuna Funds’ official website for prospectus documents and detailed information before making any financial decisions.

In summary, Fortuna Funds has introduced a trailblazing approach to bitcoin investment through its Hedged Bitcoin Fund, setting a new standard for risk management in the cryptocurrency market while creating opportunities for a wider array of investors. As they embark on this journey, investors should remain informed and vigilant to navigate the evolving landscape of digital assets successfully.

Topics Financial Services & Investing)

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