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Digital asset solutions Not available to investors in every jurisdiction. Qualified and professional investors only. Digital assets are highly volatile and may lose their entire value. Performance shown is backtested and hypothetical, not a live track record.
Investment solutions · Digital assets

One signal, applied to digital assets.

CTM extends the same regime approach to Bitcoin and Ethereum. The model takes each underlying fully long, fully to cash, or fully short on its daily signal — the same discipline as the equity solutions, applied to a different asset class with different risk characteristics.

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Investment solution · Digital assets

CTM Bitcoin

The CTM regime model applied to Bitcoin. Fully systematic, rebalanced daily on the model's signal, with no human override.

Underlying asset
100% Bitcoin
Position states
100% Long / 100% Cash / 100% Short
Rebalancing
Daily, on model signal
Measurement period
December 31, 2020 – August 31, 2026 (backtested)
Benchmark
Bitcoin, buy and hold
CTM BitcoinBitcoin
$100 grows to$1,739$271
Cumulative return+1638.8%+171.4%
CAGR (annualized)+65.6%+19.3%
Sharpe ratio1.250.28
Maximum drawdown−53.1%−76.6%
Alpha (annualized)+48.6%—
Trailing returns (annualized)
1 year
−19.3%
vs −27.6%
3 years
+55.6%
vs +44.7%
5 years
+60.6%
vs +10.8%
Since inception
+65.6%
vs +19.3%

2022: Bitcoin fell −64.8% while CTM Bitcoin gained +67.8% — moving to cash or short rather than riding the decline. Backtested, hypothetical performance; does not represent actual trading. Gross of fees; net returns will be lower.

View CTM Bitcoin factsheet Discuss the solution
Investment solution · Digital assets

CTM 50 BTC/50 ETH

The same regime model applied to an equally-weighted Bitcoin and Ethereum basket, rebalanced daily to the 50/50 weighting alongside the daily signal.

Underlying assets
50% Bitcoin / 50% Ethereum
Position states
100% Long / 100% Cash / 100% Short
Rebalancing
Daily, on model signal
Measurement period
December 31, 2020 – August 31, 2026 (backtested)
Benchmark
50/50 BTC/ETH, buy and hold
CTM 50 BTC/50 ETH50/50 BTC/ETH
$100 grows to$2,989$351
Cumulative return+2889.4%+251.2%
CAGR (annualized)+82.2%+24.8%
Sharpe ratio1.440.34
Maximum drawdown−55.4%−76.3%
Alpha (annualized)+60.9%—
Trailing returns (annualized)
1 year
−28.9%
vs −35.3%
3 years
+49.5%
vs +31.4%
5 years
+59.4%
vs +3.8%
Since inception
+82.2%
vs +24.8%

2022: 50/50 BTC/ETH fell −65.4% while CTM 50 BTC/50 ETH gained +85.1% — moving to cash or short rather than riding the decline. Backtested, hypothetical performance; does not represent actual trading. Gross of fees; net returns will be lower.

View CTM 50 BTC/50 ETH factsheet Discuss the solution
Important disclosures

Backtested performance. Performance shown is hypothetical and backtested, achieved by retroactive application of a model designed with the benefit of hindsight — it does not represent actual trading of client assets. For informational purposes only; not an offer or solicitation to invest in any Canary or White Hare vehicle. Intended solely for qualified and professional investors, where permitted by local law. Digital-asset strategies carry a high risk of loss: cryptocurrencies are highly volatile, may trade on unregulated or thinly-traded venues, and can lose their entire value. Past performance is not a guarantee of, and is not necessarily indicative of, future results. Performance figures are unaudited, sourced from the manager's internal records, and presented gross of fees — net returns will be lower. Not investment, legal, tax or accounting advice; consult your own advisors.compliance to finalize wording

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For qualified and institutional investors only. This website does not constitute an offer or a solicitation. Past performance is not indicative of future results. This website is published by White Hare Asset Management. LEGAL TEXT TO BE VALIDATED