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[Sygnum Launches ETH Alpha Fund SP, Targeting 8% to 10% Annualized Return] Crypto bank Sygnum has launched the ETH Alpha Fund SP, a market-neutral fund denominated in ETH, targeting an annualized return of 8% to 10% after fees. The fund combines native ETH staking, options premium, cross-platform arbitrage, and derivatives holding strategies with funding rates. Both gains and losses are denominated in ETH. The fund opened to qualified and professional investors in approved markets such as Switzerland on November 2nd. (Source: The Block)