[Further and 3iQ jointly launch $100 million hedge fund to achieve compound growth in returns through Bitcoin] According to Cointelegraph, UAE-based digital asset management firm Further Asset Management has partnered with Canadian cryptocurrency investment company 3iQ to launch a $100 million hedge fund called 'Further x 3iQ Alpha Digital Fund.' The fund primarily targets institutional investors seeking structured cryptocurrency investment exposure, including a Bitcoin-denominated share class that reinvests returns directly into Bitcoin. Further x 3iQ Alpha Digital Fund is a market-neutral, multi-strategy fund designed to provide controlled-risk exposure to the liquid cryptocurrency market within an institutional framework. The fund's initial capital comes from institutional investors, family offices, and sovereign backers.