Crypto Strategy - Cash is King
Week 24 of no opinion, just math: The weekly execution log of a quantitative crypto strategy.
FICH Crypto is a systematic, long-only algorithmic strategy trading exclusively within the top 150 altcoins by market capitalization. Every Friday, our algorithm evaluates relative strength across the universe and automatically rotates capital into the most dominant digital assets — maximizing exposure to structural crypto trends while completely removing human bias.
If you have invested $1,000 with Fich Crypto on Jan 2020 you would now have $109,000
1. Market overview
Crypto markets were volatile: Bitcoin rebounded from intraday lows near $59,000 to trade around $63,000–$64,000 by mid-June, while Ethereum and other major assets faced downward pressure amid macroeconomic headwinds (elevated inflation and shifting expectations for Federal Reserve policy).
Record outflows from U.S. spot Bitcoin ETFs, totaling billions over recent weeks and including more than a dozen consecutive redemption sessions earlier in the period, weighed on sentiment, though flows showed tentative signs of stabilizing toward week’s end.
Geopolitical developments tied to U.S.-Iran tensions contributed to risk-off conditions before de-escalation signals supported a modest rebound in asset prices.
Coinbase launched “Coinbase for Agents,” enabling AI systems (e.g., ChatGPT and Claude) to connect to user accounts for autonomous trading, data access, payments, and purchases within predefined limits.
U.S. lawmakers introduced bipartisan legislation to create a Federal Cryptocurrency Theft Task Force led by the Attorney General to improve coordination against crypto theft, fraud, and cybercrime.
Markets will continue to watch upcoming Federal Reserve decisions and legislative progress, alongside ongoing institutional activity and security-focused initiatives.
Fich Monthly returns %
2. This week overview: Fich Crypto vs the market
Through 11 June 2026, Fich investment strategy returned −21.37% in June so far, against −13.64% for Bitcoin and −16.62% for Ethereum.
Stepping back to the year-to-date picture:
3. The portfolio this week: bought, sold, and held
On 11 June 2026 the system closed 5 positions and opened no new positions, holding 1 position from the previous week, leaving the portfolio at roughly 86.5% cash.
The algorithm systematically closes underperforming assets while holding positions with strong momentum.
Closed trades, return on each closed position:
Average closed-trade return: −14.59%. Hit rate: 0/5 (0% winners).
Today, we are letting patience be our most active position, preserving 86.46% of our portfolio in cash.
Current portfolio:
4. Multi-year track record
By the end of last week, that hypothetical $1,000 was worth $109,000 in the strategy, versus $8,838 in spot Bitcoin and $12,798 in spot Ethereum.
Fich Crypto Strategy vs. BTC and ETH — growth of $1,000 since inception (log scale).
Disclosure: All performance metrics account for a 0.10% commission per trade side. Execution is strictly limited to the Top 150 altcoins by market capitalization, rebalanced every Friday. Full historical performance data is available at Fich.ai. This letter is for informational purposes only and does not constitute investment advice.