Reported Earlier, Metalpha Technology Adopts Antalpha BTC Mining Index for New Bitcoin Mining Fund

Metalpha Technology Holding Limited (NASDAQ:MATH) (the "Company" or "Metalpha"), a global digital asset-focused wealth management company, today announced it, through its subsidiary, has adopted the Antalpha BTC Mining Index for its BTC mining stocks fund. The index was recently launched by Antalpha and FTSE Russell.

Metalpha's Bitcoin mining stock fund is managed by a wholly-owned subsidiary of the Company, LSQ Capital Limited. The fund uses the Antalpha BTC Mining Index as the benchmark to invest in publicly listed Bitcoin mining companies.

Antalpha is the world's leading Bitcoin ecosystem service provider for institutional partners. As a strategic partner of Bitmain, Antalpha is trusted by institutions, startups, and qualified investors to drive innovation in blockchain technology and applications. It has become a leading company in the global blockchain financial services ecosystem.

The Antalpha BTC Mining Index selects the top ten publicly traded US Bitcoin mining companies and tracks their respective performance. The Antalpha BTC Mining Index will offer mainstream financial investors a reliable channel to gain crypto exposure. The index will be rebalanced every six months to reflect the market conditions.

Metalpha is one of the largest crypto derivatives traders in Asia and is dedicated to providing tailor made wealth management and hedging solutions to financial institutions including family offices, investment funds, crypto mining companies, etc. Metalpha previously launched a fund to invest in GBTC, which has seen large gains since launch, with its net asset value increased to 269.84%, outperforming Bitcoin by about 39% from $27,265 to $62,867.