Skip to content
  • AMINA Bank AG
    i
    AMINA Bank AG is a Swiss bank, welcoming clients worldwide, with an FSRA-regulated branch in the Abu Dhabi Global Market (ADGM)
  • English checkmark
  • German
  • Arabic
  • AMINA UK
    i
    AMINA UK: products and services for UK residents
  • English
  • AMINA Hong Kong
    i
    AMINA Hong Kong: Local entity with region-specific products and services
  • English
  • Chinese
  • AMINA EU
    i
    AMINA (Austria) AG (“AMINA EU”) is a MiCAR regulated provider of crypto asset services
  • English
Investments

Elysium BTC alpha fund

Precision‑driven BTC growth for professional investors seeking consistent outperformance

Speak to our team

Elysium Alpha Bitcoin Fund

Bitcoin cannot be staked in the traditional sense. For long-term holders, the question becomes: how can BTC work harder without converting into fiat?

The Elysium Alpha Bitcoin Fund, managed by Abraxas Capital Management, is a market-directional strategy designed to outperform Bitcoin’s price performance in BTC terms. Its objective is to accrue more BTC over time through active arbitrage strategies and conditional upside participation through derivatives-driven execution.

Available to eligible professional clients through AMINA.

What sets this strategy apart

Designed to accrue BTC
Subscription in the fund is in BTC and performance is measured in Bitcoin, with the objective of growing BTC holdings over time.
Market-directional framework
Maintains exposure to Bitcoin’s upside while seeking to outperform across varying market conditions.
Derivatives-enabled precision
Utilises instruments such as options and futures to express tactical market views and dynamically manage exposure.
Built for long-term BTC allocators
Designed for investors who believe in Bitcoin’s structural value and seek active compounding rather than passive holding.
Learn more

This strategy may not be suitable for all investors and is intended for those who understand the risks associated with digital assets and derivatives-based strategies.

About the strategy

Launched in July 2022, the Elysium Alpha Bitcoin Fund is structured as a Malta-domiciled Alternative Investment Fund under HEKA Funds SICAV plc.

In constructive market phases, the fund seeks to maintain enhanced upside participation through structured options overlays.

During adverse price movements, the objective is, at a minimum, to broadly track Bitcoin’s performance while continuing to accumulate additional BTC through disciplined positioning and active arbitrage strategies.

Subscriptions and redemptions are conducted in Bitcoin.

About Abraxas Capital Management

Abraxas Capital Management Ltd is an authorised and regulated investment manager with over two decades of experience across global macro and digital asset markets.

The firm brings institutional-grade portfolio construction, derivatives expertise, and disciplined risk management to digital asset investing.

The Elysium Alpha Bitcoin Fund represents Abraxas’ flagship strategy for professional investors seeking active BTC management.

Key facts

  • Strategy type: Actively Managed Bitcoin Alpha
  • Asset class: Digital Assets
  • Underlying exposure: Bitcoin
  • Investment vehicle: Heka Funds SICAV plc – Elysium Alpha Bitcoin Fund
  • Portfolio manager: Abraxas Capital Management Ltd
  • Minimum investment: USD 120’000 (BTC equivalent)
  • Liquidity: Monthly

Ready to put your BTC to work and generate additional BTC?

Click here

Investments in digital assets are highly volatile and may result in partial or total loss of capital. The strategy uses derivatives and may employ leverage, which increases risk and volatility. There is no capital protection or minimum performance guarantee. Past performance is not indicative of future results.

Cross-border Services Restrictions

AMINA Bank AG (AMINA) is a Swiss bank, authorized and regulated by the Swiss Financial Market Supervisory Authority (FINMA). AMINA’s products and services are only licensed in Switzerland. They are not registered or approved outside of Switzerland.

Any information on AMINA’s website (i) is not intended and should not be construed as an offer, solicitation or recommendation outside of Switzerland and (ii) may not be suitable or lawful in your jurisdiction.

You are welcome to explore AMINA’s website at your own initiative. Click ‘Continue’ if you are either (i) a resident of, or domiciled in, Switzerland, or (ii) are resident of, or domiciled outside of, Switzerland but would like to visit AMINA’s site on your own initiative.

If you fall under (ii) above, when choosing ‘Continue’, it is important to do this on your own initiative, as AMINA is not authorized to promote its products and services outside Switzerland. If you do not wish to visit the site, please click ‘Back’.

If you click ‘Continue’ to explore, please note that you:

1. are confirming you have read and understood the above;

2. are accessing AMINA’s website at your own initiative, without active promotion or solicitation from AMINA;

3. are responsible for ensuring access is lawful in your jurisdiction; and

4. understand that exploring the website does not create a client relationship.