{"id":38458,"date":"2025-07-23T20:16:47","date_gmt":"2025-07-23T20:16:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38458"},"modified":"2025-07-23T20:16:47","modified_gmt":"2025-07-23T20:16:47","slug":"joe-mccann-closes-asymmetric-liquid-fund-after-shifting-away-from-liquid-trading","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38458","title":{"rendered":"Joe McCann Closes Asymmetric Liquid Fund After &#8216;Shifting Away From Liquid Trading&#8217;"},"content":{"rendered":"<div>\n<p>Joe McCann is winding down Asymmetric\u2019s Liquid Alpha Fund after the fund was accused of losing massive value this year and drew sharp criticism online.<\/p>\n<p>In a social media <a href=\"https:\/\/x.com\/joemccann\/status\/1948091521934176402\">post<\/a>, the crypto investor said that the strategy behind the Liquid Alpha Fund \u201cclearly is no longer serving our LPs.\u201d He said the fund had been built for volatile markets and had once delivered results, but added that Asymmetric would now be &#8220;shifting away from liquid trading strategies&#8221; and toward longer-term investments in blockchain infrastructure.<\/p>\n<p>The decision comes after unconfirmed <a href=\"https:\/\/x.com\/frontrunnersx\/status\/1948096376639799385?t=LKQ5dXfuQs6eXL2UstlwCA&amp;s=19\">social media chatter<\/a> that the liquid fund was down 78% this year. However, McCann said in a separate post that the Assymetric fund &#8220;is not down 78%&#8221; and is waiting for Hyperliquid&#8217;s second airdrop, which he says will bring &#8220;extraordinary&#8221; returns. <\/p>\n<p>The move isn&#8217;t a total surprise, as volatility in the crypto market has decreased significantly in the last twelve months, potentially signaling a more mature digital assets market. Crypto Volatility Index (CVI) is down almost 30%, according to TradingView data. <\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/7fe8ee044a4f9bb4969ac75fddf43e80b99c85fc-1308x456.png?auto=format\" alt=\"CVI fell nearly 30% in the last year. (TradingView)\" title=\"CVI fell nearly 30% in the last year. (TradingView)\"><\/p>\n<h2>Investor exit<\/h2>\n<p>Investors in the liquid fund have been offered the option to exit without regard to standard lock-up terms or to roll their capital into a new, illiquid investment structure. \u201cOur job is to adapt with discipline and build for what\u2019s next,\u201d McCann wrote.<\/p>\n<p>The firm, he said, consists of multiple investment vehicles, and while the Liquid Alpha Fund struggled, other parts of the business \u2014 especially its venture strategy \u2014 remain intact. That venture arm will continue to back early-stage blockchain projects.<\/p>\n<p>McCann, a former technologist and trader who moved into crypto investing, described the fund\u2019s poor performance as a test of &#8220;one&#8217;s resolve\u201d but emphasized that \u201cthe only way forward is through.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Joe McCann is winding down Asymmetric\u2019s Liquid Alpha Fund after the fund was accused of losing massive value this year and drew sharp criticism online. In a social media post, the crypto investor said that the strategy behind the Liquid Alpha Fund \u201cclearly is no longer serving our LPs.\u201d He said the fund had been [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-38458","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38458"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38458\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}