PANews reported on June 5 that according to CoinDesk, crypto asset management company 3iQ and Swiss licensed institution Cryptonite Asset Management jointly launched the active management certificate (AMC) product "3iQ Criptonite Multi-Factor AMC". This hedge fund product adopts a long-short strategy and will dynamically capture market ups and downs. It is expected to be listed and traded on the Swiss SIX Exchange. 3iQ was one of the first institutions to launch Bitcoin and Ethereum funds on the Toronto Stock Exchange. Cryptonite CEO said that excellent fund managers in the traditional market are turning to the digital asset field to obtain excess returns.