Bitcoin

New fund

Quay Cove Bitcoin
Growth Fund (QCBG)

Passive income from native Bitcoin staking via the Babylon protocol, with the opportunity for long-term capital appreciation of Bitcoin.

Draft figures · to be confirmed
Minimum Investment
NZD $100K
Draft, to be confirmed
Buy / Sell Spread
85 Basis Points
Draft, to be confirmed
Management Fee
85 Basis Points
Draft, to be confirmed

Fund Overview

Investment Objective

The Trust's investment objectives are to seek to provide Unitholders with: (a) passive income from Bitcoin Staking Arrangements implemented via the Babylon protocol; and (b) the opportunity for long-term capital appreciation of Bitcoin held in Custody Trust. The Trust aims to outperform the S&P Bitcoin index by combining direct investment in Bitcoin with rewards earnt from Bitcoin Staking Arrangements.

Investment Strategy

The Fund generates passive income primarily through native Bitcoin staking via the Babylon protocol, while retaining the underlying Bitcoin as a long-term asset. Bitcoin is held by an independent custody trustee in a segregated wallet that the Fund controls throughout the staking period, and the Fund retains ownership and control of its Bitcoin at all times.

The Fund intends to elect into New Zealand's Portfolio Investment Entity (PIE) regime; structure to be confirmed. Draft figures shown above are placeholders mirroring QCEG and are subject to confirmation.

Register your interest
Bitcoin

How the Fund earns its yield

Native Bitcoin staking via the Babylon protocol, without giving up ownership.

Held in secure custody

Bitcoin is held by an independent custody trustee on trust for the Fund, in a segregated wallet the Fund controls.

Staked via Babylon

Bitcoin is locked into a Taproot-script staking arrangement on the native Bitcoin network to earn staking rewards.

Ownership retained

The Fund keeps ownership and control throughout. Locking and unlocking are not treated as selling or buying.

This fund is for wholesale investors seeking

A target return above the S&P Bitcoin Index

A high risk investment

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Exposure to Bitcoin

QCBG Fund Target
Asset Allocation

99.5% BTC Staked
0.5% Cash

* Draft target allocation, mirroring QCEG and subject to confirmation. While target allocations serve as guiding principles, actual allocations may vary and can be greater or less than the specified percentage.

QCBG Fund