Joe McCann Closes Asymmetric Liquid Fund After 'Shifting Away From Liquid Trading'

Joe McCann Closes Asymmetric Liquid Fund After 'Shifting Away From Liquid Trading'

Joe McCann is winding down Asymmetric’s Liquid Alpha Fund after the fund was accused of losing massive value this year and drew sharp criticism online.In a social media post, the crypto investor said that the strategy behind the Liquid Alpha Fund “clearly is no longer serving our LPs.” He said the fund had been built for volatile markets and had once delivered results, but added that Asymmetric would now be "shifting away from liquid trading str…

Investor Backlash Forces Shutdown of Asymmetric's Trading Fund

The fund, once focused on high-volatility trading strategies, has seen its value plunge nearly 70% this year alone. The closure comes shortly after McCann announced plans for a $1 billion Solana treasury initiative — a move that has also drawn scrutiny given the timing and recent performance. Responding to the backlash, McCann said the firm is shifting away from liquid trading models and offering investors full redemptions or the option to trans…

Liquid Alpha Fund Closed After 78% Decline - Blockchain & Cryptocurrencies Tabloid

Joe McCann closes Asymmetric's Liquid Alpha Fund after year-to-date losses and a strategic pivot. The post Liquid Alpha Fund Closed After 78% Decline appeared first on Blockchain & Cryptocurrencies Tabloid.

Joe McCann Shuts Down Asymmetric’s Liquid Alpha Fund After Steep Losses

Joe McCann, founder of crypto investment firm Asymmetric, announced he is winding down the firms Liquid Alpha Fund following severe underperformance and mounting criticism. In a social media post, McCann acknowledged that the funds strategy is no longer serving our LPs, noting it had been designed for highly volatile markets but had failed to deliver in the current environment. The decision follows widespread online speculation that the fund suf…