In a move to expand institutional access to digital assets, crypto investment firms 3iQ and Criptonite Asset Management have launched a new structured product in Switzerland—the 3iQ Criptonite Multi-Factor AMC, an actively managed certificate using a hedge fund model.
What Is an AMC and Why It Matters
Actively Managed Certificates (AMCs) are regulated investment vehicles in Switzerland that allow qualified investors to allocate capital into dynamically managed portfolios. These products are structured for flexibility and active risk management, making them attractive to institutional and high-net-worth investors.
The 3iQ Criptonite Multi-Factor AMC will be traded on the Swiss SIX Exchange, adding legitimacy and visibility to the crypto hedge fund sector.
Fund Strategy and Market Approach
This structured investment product employs a long/short hedge fund strategy, aiming to benefit from both bullish and bearish market trends. The approach uses multi-factor models to manage risk while identifying alpha-generating opportunities across crypto markets.
Dynamic positioning allows the fund to adapt in real time, capitalizing on short-term market inefficiencies and volatility.
Criptonite CEO Florian Rais stated that “talented managers have migrated to digital assets, demonstrating their ability to generate alpha similar to traditional finance.”
3iQ’s Track Record and Institutional Push
3iQ has a proven legacy as a pioneer in regulated crypto investing. It was the first to list a Bitcoin fund and an Ethereum fund on a public stock exchange in Canada (TSX), reinforcing its commitment to providing institutional-grade access to digital assets.
The new AMC further strengthens this position, delivering a regulated, actively managed vehicle specifically tailored for crypto-savvy investors in Europe.
Implications for Institutional Crypto Adoption
The launch signals growing demand among institutions for diversified and risk-adjusted crypto investment solutions. As more structured and compliant products enter the market, crypto continues its transformation into a mainstream asset class.
By offering hedge fund-like exposure through a regulated Swiss product, firms like 3iQ and Criptonite are bridging the gap between traditional finance and digital assets.

