Bluebottle Bitcoin Plus
Fund History
The Bluebottle Bitcoin Plus (BBP) originated in January 2018 as the Trovio Digital Asset Fund, managed by Trovio Asset Management. In October 2024, JellyC acquired Trovio Asset Management and transitioned the fund to Bluebottle Bitcoin Plus. The fund further evolved in June 2025 with the launch of Collateral Mirroring, a strategy designed to generate additional yield.
About
The Bluebottle Bitcoin Plus provides secure exposure to the emerging blockchain ecosystem, with a focus on long-term capital appreciation. The fund is fully invested in a core Bitcoin position enhanced by active market-neutral strategies to build superior returns. The fund has a 7-year audited track record.
RETURN
Why Invest?
Experienced Leadership
A highly knowledgeable team.
Performance Target
Bluebottle Bitcoin Fund aims for BTC plus 6 - 10%.
Secure Custody
Institutional-grade asset protection.
Stability
Daily liquidity for seamless entry and exit.
Access
Available through market-leading wealth platforms.
Proven Track Record
7 years of audited performance history.
Efficient Structure
USD Cayman Fund Master with AUD Unit Trust Feeder.
Regulated Management
Managed by a licensed asset manager.
Fund Strategy
The Bluebottle Bitcoin Plus has a multi-strategy approach that includes utilising collateral from safe custody to add yield to a core BTC position. With a six-year audited track record, it operates as a USD Cayman Master Fund and an AUD Unit Trust.
Yield Enhancement
Additional yield derived from the Franklin Templeton Tokenised Money Market Fund.
Daily Liquidity
Daily Liquidity subject to 25% daily fund aum gate.
Portfolio Management
Multi-strategy approach. Targets a return of 6 - 10% over a defined benchmark – BTC.
Subscriptions
Subscriptions available in USD & AUD.
Liquid Trading Strategies
Variety of liquid trading strategies across arbritage, funding and basis.
Fees
1.25% management fee & 20% performance fee above the BTC*.
Risk Versus Return Over the Past 2 Years
Overview of Terms
| Cayman's Master Fund | Australian Feeder Fund | |
| Fund Name | Bluebottle Bitcoin Plus (BBP) | Bluebottle Bitcoin Plus Australia (BBPA) |
| Management Fee | 1.25% | 1.25% |
| Performance Fee | 20% (over BTC*) | 20% (over BTC*) |
| Minimum Subscription | US $100,000 | A $10,000 |
| Base Currency | USD | AUD |
| Subscription | Daily | Daily |
| Redemptions | Daily | Daily |
| Gate | 25% Fund AUM Daily | 25% Fund AUM Daily |
| Manager | JellyC Pty Ltd | JellyC Pty Ltd |
| Administrator | NAV Fund Services | NAV Fund Services |
| Bank | Northern Trust, SEBA, Sygnum | Westpac |
| Custodians | Fireblocks & Standard Chartered Bank | Fireblocks & Standard Chartered Bank |
| Auditor | Cohen & Co Cayman | Cohen & Co Cayman |
| Legal | Walkers Hong Kong | Minter Ellison |
| Investment Platforms | Powerwrap, AMM, Colonial First State (CFS Edge) |
How to Invest
Available for Wholesale or Professional Investors only.