F5 Crypto: an actively managed crypto fund from Germany

The company behind the brand is F5 Crypto Capital GmbH in Berlin. It describes the F5 Crypto Fund as the first actively managed open-end crypto fund that invests, thesis-driven, into liquid crypto-assets based on fundamental analysis. The fund manager is its subsidiary F5 Crypto Management GmbH.

According to a report in the FYB Financial Yearbook, the fund has the legal form of an investment stock corporation with variable capital, F5 Crypto Fonds 1 InvAG m.v.K., and has accepted subscriptions since December 9, 2021. Investors can subscribe and redeem weekly, and the shares sit in a normal bank custody account under their ISIN. The strategy covers broad parts of the crypto market, among them DeFi tokens, metaverse applications and web3 projects. The fund is open to professional and semi-professional investors, not to retail investors.

A German investor can reach crypto-assets in three main ways: by buying coins directly through a licensed exchange, through exchange-traded products such as crypto ETPs, or through a fund. A fund can follow an index, as described on the page on crypto indices, or it can be actively managed: a manager then picks the tokens and their weights and changes them over time. An actively managed fund aims to beat the market after costs; a passive fund aims to track it.

German investment law, the Kapitalanlagegesetzbuch (KAGB), decides who may buy which fund. A special AIF (Spezial-AIF) is open only to professional and semi-professional investors. A semi-professional investor must commit at least 200,000 euros and confirm in writing that they understand the risks, and the fund manager must assess their knowledge. A crypto service that is not a fund, such as portfolio management of crypto-assets, needs a license under MiCA instead. The page on institutional crypto covers how family offices, banks and asset managers set up such investments.

F5 Crypto is one of the event and network partners that Finance Loop lists on its About page. In its look back on 2025, Finance Loop thanks F5 Crypto by name among its event and network partners.

An actively managed crypto fund is a fund in which a manager chooses which crypto-assets to hold and in what weight, based on research, and changes the portfolio when the view changes. A crypto index fund follows fixed rules instead and holds the tokens of an index. The F5 Crypto Fund is an actively managed fund.

Yes. The F5 Crypto Fund is a German fund under BaFin supervision, for professional and semi-professional investors. Retail investors in Germany reach crypto-assets mainly through crypto ETPs on regulated exchanges or through licensed brokers and banks.

Professional and semi-professional investors, such as family offices, foundations, asset managers and wealthy private investors who meet the KAGB criteria. The family office page and the page on asset management in Germany cover how such investors approach digital assets.