The BlockWealth portfolios achieved a neutral return of 0% in May.
BlockBay Capital portfolio update April 2023
The BlockWealth portfolios achieved a negative return of around the -1% in April.
BlockBay Capital portfolio update March 2023
The BlockWealth portfolios achieved a positive return of 10% in March.
BlockBay Capital portfolio update February 2023
The BlockWealth portfolios achieved a positive return of 1% in February.
BlockBay Capital portfolio update January 2023
The BlockWealth portfolios achieved a positive return of around the 36% in January due to improved sentiment in both the crypto and financial markets.
BlockBay Capital portfolio update December 2022
The BlockWealth portfolios achieved a negative return of around the -10% in December. The return over 2022 for the portfolios are negative and between the -60% and -70%. Read more
BlockBay Capital portfolio update November 2022
The BlockWealth portfolios achieved a negative return of between the -17% and -22% in November.
The collapse of the major crypto exchange FTX caused panic in the crypto markets. Bitcoin fell from $21,000 to below $16,000, other cryptocurrencies were hit even harder. Read more
BlockBay Capital portfolio update October 2022
The BlockWealth portfolios achieved a positive return of between the +8% and +10% in October.
Crypto markets showed partial recovery in October. Ethereum in particular had a good month with a price increase of +17%. Bitcoin’s price remained in the $19,000 and $21,000 range throughout October.
BlockBay Capital portfolio update September 2022
The BlockWealth portfolios achieved a positive return of between the -2% and -5% in September.
Bitcoin outperformed Ethereum (-12%) with a return of -0.5%, in the month where the Ethereum protocol upgrade was successfully completed. The main benefit of the new Ethereum protocol is that Ethereum is now a lot more energy-friendly than before and there is less new Ether coming into circulation.