Fundraising Fox

Bitbullcapital

also invests Β· investor profile

1 known investors

BitBull Capital runs crypto-focused investment vehicles, including a Crypto Fund of Funds and an Opportunistic Fund, giving accredited investors exposure to early-stage blockchain projects and mainstream digital currencies like Bitcoin. It targets traditional VCs and angel investors seeking to diversify into digital assets, using due diligence across a network of 600+ crypto hedge funds.

Also known as BitBull Capital Β· BitBull Fund

Founders & leadership

JD
Joe DiPasqualeCEO
SBSarah Bergstrand
Sarah BergstrandinCOO

Investors Β· 1

Company profile

researched Aug 2026

BitBull Capital is a crypto-focused investment manager that provides research, market commentary and investment opportunities to individual and institutional investors. Its BitBull Fund has operated as a crypto investment fund since 2017, and the firm states its principals have been crypto investors since 2013. The firm emphasizes diversified, actively managed strategies rather than index exposure, arguing that hedge fund structures can incorporate pre-ICO allocations, move to cash at any time, trade freely and aim to reduce volatility and outperform the market. Market-neutral approaches cited include arbitrage, market-making, long/short and volatility-weighted positions.

The firm provides access to vetted external funds, managers and strategies, and states it conducts diligence on hundreds of crypto funds. In January 2022 it announced two additional vehicles: an Alpha Fund offering direct, early-stage access to crypto projects, and a Yield Fund pursuing market-neutral DeFi yield-farming returns. BitBull also publishes research covering coins, tokens, funds, managers, regulations and strategies, alongside a crypto investing newsletter.

The team is led by CEO Joe DiPasquale and COO Sarah Bergstrand, with Miko Matsumura as venture partner, Constantin Kogan as partner, Jon Quinn in investor relations, Lindsay Joo as advisor and Kindley Simpson as human resources manager. The firm describes its personnel as combining software expertise with asset management experience.

Business model

BitBull Capital manages pooled crypto investment vehicles, including the BitBull Fund, an Alpha Fund and a Yield Fund, and provides access to third-party crypto funds, managers and strategies that it has vetted. Fund access is offered with a stated $1 million minimum, and the funds include third-party administration and annual K-1s.

Traction

The firm states its BitBull Fund has operated since 2017 and that it provided investors with equity in Coinbase at a $1.5 billion valuation ahead of Coinbase's public listing at an $86 billion valuation. It reports diligence on hundreds of crypto funds and cites 450+ hedge funds dedicated to crypto investment in its research.

Latest developments

The firm published research on the Bitcoin four-year cycle in July 2023, following the January 2022 launch of its Alpha Fund and Yield Fund.

β–ΈFull profile β€” market position, go-to-market, geography, history

Market position

BitBull Capital operates as an allocator and active manager in the crypto hedge fund segment, offering diversified and market-neutral strategies as an alternative to passive crypto index exposure.

BitBull positions active management against index products, noting that hedge funds can incorporate ICO and pre-ICO allocations, revert to cash at any time, buy and sell freely, and aim to reduce volatility and outperform the market rather than replicate it. It also cites diligence across hundreds of crypto funds, a track record as a manager in crypto since 2017, third-party administration, and access to deals such as Coinbase equity that it describes as not widely available.

Go-to-market

Reaches investors through published research, market commentary and media appearances (including Bloomberg television commentary by CEO Joe DiPasquale), a crypto investing newsletter, investor-only deal memos and direct contact with prospective allocators.

The firm targets high-net-worth individuals, single- and multi-family offices, angel investors and angel groups, venture capitalists, private banks and wealth managers, institutional investors such as endowments and pension funds, and RIAs and money managers. Non-US investors from Europe, East Asia, the Middle East and Latin America are served through a BVI entity.

Geography

Serves US investors and, through a British Virgin Islands entity, non-US investors including those in Europe, East Asia, the Middle East and Latin America.

History

The BitBull Fund has run as a crypto investment fund since 2017, with the firm stating its involvement as crypto investors dates to 2013. In January 2022 the firm launched two further vehicles, the Alpha Fund and the Yield Fund.

Compiled by commissioned research from 1 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Crypto funds under diligenceJan 2023Diligence on 100s of crypto funds
Crypto-dedicated hedge funds cited in researchJan 2023450+
Minimum investment for fund accessJan 2023$1M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 2

launches, deals, and filings
Jan 2022
BitBull Capital launches Alpha Fund and Yield Fund

BitBull Capital announced two new crypto hedge funds: an Alpha Fund providing direct, early-stage access to crypto projects, and a Yield Fund pursuing market-neutral DeFi yield farming returns.

source β†—

Jan 2017
BitBull Fund established

The BitBull Fund has operated as an actively managed crypto investment fund since 2017.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Bitbullcapital do?
BitBull Capital is a crypto investment manager offering actively managed hedge fund vehicles to individual and institutional investors.
Who founded Bitbullcapital?
Bitbullcapital was founded by Joe DiPasquale.
Who are Bitbullcapital's investors?
Bitbullcapital's investors include Evolution VC Partners.