General comments

BTC dominance had a spike upwards that was not anticipated by most market watchers, though the price action over the subsequent weeks has entered into a healthy state of consolidation. As anticipated, altcoins have responded unevenly to movements in BTC, as fundamental factors increase in prominence when it comes to price discovery. Simply put, the market does not appear as correlated as it once was throughout 2017-2018. The market remains subdued though fundamental factors and expressed public interest from governments and institutions increases daily.

Platform and JL funds overview

Many of the high risk programs that characterized the boom/bust activity in the early days of the platform have gone by the wayside. In their place, the top programs are generally strong and steady performers who have demonstrated sound risk management over multiple investment periods. This is a very positive development in the maturity of the platform despite the severe decrease in platform AUM over the past 12 months. GV 2.0 is anticipated to greatly enhance the usability and capabilities of the platform, due by the end of the calendar year.

JL funds has simplified its fee structure and naming convention across all its funds. Reserve GVT has been set aside for the construction of new funds in the future.

JL Funds

Thanks for reading.

JL

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