Further & 3iQ Expand Alpha Digital Fund with New USD Class II, Combining BTC Exposure with Alpha

Further Asset Management and 3iQ launched USD Class II for the Further x 3iQ Alpha Digital Fund on June 1, 2026, a USD‑denominated share class that combines disciplined alpha generation with a persistent long Bitcoin position. The new class lets investors subscribe and redeem in USD while the fund maintains long BTC exposure, removing the need to source, custody or convert Bitcoin directly. The addition expands the fund to three share classes (Pure Alpha USD Class I, USD Class II, and BTC‑denominated Class) and broadens institutional access to Bitcoin via a familiar USD vehicle. Market impact: the product could increase institutional demand for BTC by lowering operational barriers and offering blended alpha+BTC exposure, potentially supporting flows into Bitcoin‑linked strategies.