PANews reported on August 20th that, according to the Blockchain Council, Swiss firm Syz Capital announced it will relaunch its BTC Alpha Fund on October 1st, aiming to raise 2,000 Bitcoin (approximately $200 million). The fund has already secured 1,800 BTC, attracting capital from family offices, high-net-worth individuals, and corporations. The fund employs a market-neutral strategy, charging only performance fees. Coinbase Institutional is its custodian and prime broker, and liquidity is open quarterly.