According to The Block, Sygnum has launched the ETH Alpha Fund SP, targeting eligible and professional investors in approved jurisdictions, with an annualized return target of 8% to 10% denominated in ETH after fees. The fund combines strategies including ETH staking, option premiums, cross-platform arbitrage, and derivative holding yields, with both gains and losses realized in ETH rather than USD. The report stated that the fund opened to investors on November 2, 2026, and that the 8% to 10% figure is a return target rather than a realized or guaranteed return.