SkyBridge Opportunity Fund posted a 12.9% loss in the first quarter of 2026 as volatility in crypto-related assets hurt performance. The $1.3 billion fund has 64% of its holdings in crypto and digital assets. The update adds specific figures to earlier reporting on continued losses tied to SkyBridge’s concentrated digital asset exposure. The fund rose 0.45% in March after an 18% decline in the fourth quarter of 2025.