Capriole Investments generated 79% average annual returns, outperforming Bitcoin over 6 years
Background
A quantitative macro hedge fund, Capriole fuses Bitcoin-native data with traditional macro indicators to model the digital asset market and forecast directional trends.
Challenge
The firm required granular on-chain data to feed its valuation models, risk alerts and signals. Public or low-quality sources lacked the reliability for daily execution at scale.
Solution
Glassnode provided programmatic access to institutional-grade on-chain data and metrics via API, directly powering models, real-time dashboards, and macro research.
Results
Capriole consistently outperformed Bitcoin, generating average annual returns of 79% and avoiding all exchange and custodian bankruptcy events since inception.
"We wouldn't have been able to do this without the quality data available at Glassnode.”
— Charles Edwards, Capriole Investments Founder
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