quantitative

Gate released the private wealth management report for April 2026. The report indicates that the overall cryptocurrency market is showing a strong fluctuation due to the continuous inflow of ETF funds and expectations of interest rate cuts. In April, BTC and ETH rose approximately 11.9% and 7.3%, respectively. Among them, the net inflow of BTC ETF reached $2.44 billion in a single month, setting a new high in nearly six months, and the total management scale surpassed $100 billion for the first time, indicating a significant rebound in market risk appetite.In terms of product performance, the overall annualized return of Gate's private wealth USDT strategy is approximately 5.6%, continuing its steady performance. The "Interstellar Hedge (USDT)" has achieved a cumulative return of 18.2%, with all 22 cycles generating positive returns, achieving a win rate of 100%; the "Star Core Intelligent Investment (USDT)" has reached a maximum return rate of 9.5% in the past year; the "Gravitational Hedge (USDT)" has maintained a win rate of 100% for two consecutive years, with a maximum drawdown of only 0.01%, demonstrating outstanding risk control capability. Overall, the historical maximum drawdown of each strategy is generally controlled within 0.9%.Looking ahead, the report points out that the BTC RHODL ratio has risen to 4.5, the third highest level in history, while exchange reserves have fallen to a seven-year low, indicating an enhanced trend of long-term holding and continued supply contraction, with a generally optimistic outlook for the medium to long-term market.

Former Jump Trading senior quantitative researcher Yiming Zhang has received startup funding support from hedge fund giant Millennium Management after leaving the firm and will conduct business as an external manager in the future.Yiming Zhang worked at Jump for 17 years and was one of the key members of the core strategy department. Due to non-compete clauses, his new role is expected to officially start after the restriction period ends. Industry insiders point out that Millennium Management has been expanding its footprint in recent years by providing funding support to external teams, becoming one of the important "incubators" in the hedge fund sector.

According to Decrypt, the institutional-level quantitative AI trading platform AlphaNet announced the completion of a $10 million seed round financing, led by private equity firm Joffre Capital, with participation from Huashan Capital and an Asian quantitative trading consortium. This round of financing will support its transition from an invitation-only whitelist model to a public platform release.It is reported that AlphaNet was incubated by the Asian proprietary trading firm Tensor Investment and is positioned as an institutional-level "systematic alpha" trading platform, aiming to provide retail users with trading capabilities that were previously only available to institutions.

According to the latest "March 2026 Private Wealth Management Monthly Report" released by Gate, in March, BTC and ETH overall showed a "decline followed by stabilization" repair structure. Institutional allocation is centered on BTC, with ETH as a supplement. In March, BTC ETF saw a cumulative inflow of approximately $86.8 billion, while ETH ETF saw about $12.6 billion.Gate's private wealth quantitative fund performed steadily, with an average annual return of 5.7% for the USDT strategy. The Xinghe Smart Investment (USDT) had the highest return rate in the past year, reaching 9.5%. The Interstellar Hedge (USDT) achieved a cumulative return rate of 18.0%, with all 21 periods realizing positive returns, resulting in a total win rate of 100%. At the end of March, the situation in the Strait of Hormuz marginally eased, and the market's expectations leaned more towards a short-term disturbance scenario, with oil prices and inflation shocks being controllable, allowing risk assets to maintain moderate performance.

According to the recent "2025 Cryptocurrency Quantitative Strategy Index Report" released by 1Token, Bybit Institutional has demonstrated significant structural advantages in cryptocurrency quantitative strategies, particularly excelling in the Delta neutral and USD neutral strategy categories.The report analyzes data from over 50 strategies managed by 25 professional trading teams, focusing on the three mainstream investment strategies in quantitative trading and the performance of various institutional strategies. In the face of macro volatility and liquidity pressures in 2025, Bybit Institutional showcased exceptional resilience, delivering results that exceeded expectations. Notably, Bybit exhibited a sustained competitive advantage in key metrics:Delta neutral strategy: Bybit achieved a return of 9.48% among major exchanges while maintaining the lowest maximum drawdown and volatility.USD neutral strategy: Delivered a return of 66.69%, significantly surpassing the industry benchmark.Bybit Institutional's strong performance in 2025 is attributed to its deep liquidity, efficient execution capabilities, and robust infrastructure support, with liquidity depth and execution quality playing a crucial role in determining the performance of decisive strategies.

According to Jinshi, U.S. Treasury Secretary Basant stated that the Federal Reserve has a long way to go before returning to quantitative easing.

According to official data, the Gate Quantitative Fund's popular strategy product "Hedged Smart Investment - USDT" currently has an annualized return of 9.51% and has been running for 586 days. This product is open for subscription to users at VIP5 level and above, automatically identifying structural market opportunities through quantitative models, and optimizing capital allocation by combining hedging and dynamic rebalancing mechanisms to enhance the overall risk-return ratio.Currently, the overall operation of the Gate Quantitative Fund remains stable, with a continuously growing return curve. In addition to "Hedged Smart Investment," the platform also offers multiple strategy products for subscription, including "Yield Pioneer - USDT," "Hedged Smart Strategy - USDT," and "Arbitrage Pioneer - USDT," with annual returns ranging from approximately 4.51% to 5.78% over the past year. In the future, the Gate Quantitative Fund will continue to optimize quantitative models and risk hedging mechanisms, launching more high-quality product strategies to provide high-net-worth users with more diversified and stable return options.

AI quantitative trading company Inference Research announced the completion of a $20 million seed round financing, led by Avenir Group. The funds will be used to expand the company's self-developed infrastructure to integrate traditional finance and digital assets, while accelerating talent recruitment. It is reported that the company is forming a team of quantitative analysts, engineers, and researchers.

According to the latest "January 2026 Private Wealth Management Monthly Report" released by Gate, the crypto market experienced a sell-off in January, with BTC and ETH dropping by 10% and 18% respectively. In the overall pressured market environment, the Gate Private Wealth Quantitative Fund performed relatively steadily, with the USDT strategy achieving a return rate of 6.7% over the past year. The report noted that the Interstellar Hedge (USDT) strategy stood out with a monthly annualized return rate of 5.0%, while the Quantum Leap (USDT) and Interstellar Hedge (USDT) strategies have achieved a 100% monthly win rate since their inception. The annualized return rate of the top 30% portfolio in January reached 4.5%, significantly outperforming Bitcoin and U.S. Treasury yields.From an overall perspective, Walsh's appointment is not sufficient to be interpreted as a comprehensive tightening of monetary policy stance; the mainstream market expectation still believes there is room for two rate cuts this year. Although adjustments in monetary policy expectations and increased phase selling have intensified market volatility, historical data indicates that we are more likely in a market consolidation phase, with long-term structural trends still having development potential.

According to Jinshi reports, Federal Reserve's Kashkari stated that he is quite optimistic about the economic outlook, expecting robust economic growth, and does not believe there is a need for the Federal Reserve to implement quantitative easing.

According to Jinshi, Federal Reserve official Kashkari stated that the current expansion of the Federal Reserve's balance sheet is not a quantitative easing policy.

According to the latest data from Private Equity排排网 cited by the 21st Century Business Herald, the average return of 56.55% for 2025 from Huansheng Quantitative, founded by Liang Wenfeng of DeepSeek, ranks second in the performance list of quantitative private equity in China with a management scale exceeding 10 billion, only behind Lingjun Investment, which tops the list with an average return of 73.51%. Currently, Huansheng Quantitative's management scale has exceeded 70 billion yuan. According to data from Private Equity排排网, Huansheng Quantitative's average return over the past three years is 85.15%, and the average return over the past five years is 114.35%.Some analysts believe that the substantial performance of Huansheng Quantitative provides ample R&D funding for DeepSeek, led by Liang Wenfeng. Huansheng Quantitative is one of the most well-known quantitative private equity giants in China, founded by Liang Wenfeng in 2008 while studying Information and Communication Engineering at Zhejiang University. It is a hedge fund with genes in mathematics, computation, research, and AI. In 2019, Huansheng Quantitative's management scale surpassed 10 billion yuan, and in 2021, it once broke through 100 billion yuan.Recently, it has been reported that DeepSeek will release its next-generation flagship AI model, DeepSeek V4, in February. This model possesses powerful programming capabilities and is expected to have a significant impact on the current AI competitive landscape.

According to the latest "December 2025 Private Wealth Management Monthly Report" released by Gate, the cryptocurrency market ended 2025 with fluctuations, with both Bitcoin and Ethereum failing to maintain key price levels from the beginning of the year. The market continued its weak trend in December, with BTC and ETH dropping by 3.06% and 0.67% respectively, influenced by multiple factors such as ETF capital outflows and insufficient holiday liquidity. Bitcoin spot ETFs saw an outflow of $733 million, leading to cautious market sentiment.In this complex market environment, Gate's private wealth quantitative fund strategy demonstrated robust risk control and return capabilities. In 2025, several core quantitative products achieved a 100% win rate, with Star Core Intelligent Investment (USDT) leading the portfolio with an annualized return of 11.0% and a Sharpe ratio of 4.3, reflecting excellent risk-return performance. The USDT strategy had a return of 1.6% in December, achieving a total return of 7.5% for the year, with an overall drawdown of nearly 0%, showcasing stable defensive capabilities in a volatile market.Looking ahead, the economic fundamentals remain resilient in the short term, with low market expectations for interest rate cuts in January, and policy path divergences may further intensify. In the medium to long term, the ongoing global coordination and legislative processes for cryptocurrency regulation are laying the institutional foundation for integrating digital assets into the mainstream financial system. As institutional participation increases, quantitative and risk control capabilities will become core competitive advantages in private wealth management allocations.

The CEO of Charles Schwab, Rick Wurster, stated in an interview that the company is optimistic about Bitcoin's performance in 2026. Despite the recent market downturn, the macro environment for Bitcoin will become increasingly favorable due to factors such as quantitative easing policies, the Federal Reserve's bond purchasing program, and weak demand for U.S. government bonds.It is reported that Charles Schwab currently supports the purchase of Solana and Micro Solana futures products, and plans to launch spot cryptocurrency trading services in the first half of 2026.

According to financefeeds, Crypto.com is forming an internal market-making team to expand its prediction market business, hiring quantitative traders to handle the buying and selling of contracts related to sports event outcomes.Crypto.com responded that the trading team operates within the U.S. regulatory framework and has disclosed this to the CFTC, primarily providing liquidity support for North American derivatives business rather than engaging in proprietary trading for profit. The company emphasized that both internal and external market makers operate under the same rules, and the internal team does not have order flow priority or customer data advantages.This model is not unique in the prediction market. Kalshi uses designated market makers to support trading, and Polymarket is also building internal market-making capabilities. Prediction markets require continuous liquidity to function, but the establishment of in-house market-making teams raises concerns about conflicts of interest, with the key issue being how to handle transparency, data access, and information disclosure.

Arthur Hayes stated in his latest article "Love Language" that the RMP (Reserve Management Purchase) introduced by the Federal Reserve is essentially equivalent to a new version of quantitative easing (QE), which means liquidity will be re-released and the long-term devaluation risk of fiat currency will increase, while the crypto market, especially Bitcoin, will benefit significantly. He expects that in the short term, BTC may fluctuate in the range of $80,000 to $100,000; once the market realizes that "RMP = QE," Bitcoin could return to $124,000 and quickly challenge $200,000; a peak in sentiment may occur around March next year, followed by a pullback, but the overall bottom is still likely to be above $124,000.It is worth noting that although Arthur Hayes continues to be bullish on the crypto market, he transferred 508.647 ETH (worth $1.5 million) to Galaxy Digital during yesterday's rebound, possibly for sale.