UAE Further Asset Management and 3iQ Corp launch new BTC share class of Digital Fund

UAE Further Asset Management (“Further”), a digital asset investment manager, in partnership with 3iQ Corp. (“3iQ”), a global pioneer in digital asset investment solutions, has introduced a USD Class II, a new share class of the Further x 3iQ Alpha Digital Fund (“ADF” or “the Fund”), the market-neutral, multi-strategy hedge fund the firms launched in December 2025.

As per the announcement, USD Class II has been designed for investors who want USD-denominated access to the Fund’s BTC share class strategy, capturing both alpha and long BTC exposure, without the operational burden of sourcing, converting, or having to custody Bitcoin themselves. The result is an absolute return product paired with a long BTC position, enabling investors to participate in the scarcity and convexity of the digital asset through a familiar USD subscription and redemption process.

“USD Class II combines two things institutional investors increasingly want in the same product,” said Tommaso Mancuso, President & CIO of 3iQ. “It pairs disciplined alpha generation across liquid digital asset markets with long exposure to Bitcoin’s scarcity and convexity. Delivering both within a USD-denominated, institutionally risk-managed structure is what makes this share class distinctive.”

“We believe long Bitcoin exposure and disciplined alpha generation belong together in institutional portfolios, and USD Class II makes that combination accessible to investors who prefer to allocate in USD,” said Faisal Al Hammadi, Managing Partner at Further. “It reflects the kind of practical, investor-led product design that has defined our partnership with 3iQ from the outset.”

With the addition of USD Class II, the Further x 3iQ Alpha Digital Fund now offers three distinct share classes:

ADF – USD Class I (Pure Alpha Objective): A USD-denominated share class providing digital asset alpha with limited BTC beta. Predominantly market-neutral exposure across liquid digital asset strategies, designed to capture structural inefficiencies in crypto markets with limited net exposure to BTC or broader digital assets.
ADF – USD Class II (New): A USD-denominated share class delivering BTC exposure plus alpha. Investors subscribe and redeem in USD, while the share class maintains long BTC exposure throughout the investment period. Designed for USD investors seeking to generate alpha on top of being long BTC, without having to hold BTC directly.
ADF – BTC Class: A BTC-denominated share class for investors looking to grow their BTC holdings. Investors subscribe and redeem in BTC, with the share class maintaining long BTC exposure throughout the investment period. Designed for investors seeking alpha on BTC without selling their existing holdings.
About 3iQ Digital Asset Management