SkyBridge Posts Second Straight Quarterly Loss on Crypto Exposure

SkyBridge Opportunity Fund fell 12.9% in the first quarter of 2026 as volatility in crypto-related assets weighed on returns, with digital assets accounting for 64% of the $1.3 billion fund’s holdings.

Summary

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.

Terms & Concepts
  • Crypto exposure: The share of a portfolio invested in cryptocurrencies or related assets, making returns highly sensitive to digital asset price movements.
  • Digital assets: Blockchain-based or crypto-linked assets, such as cryptocurrencies and related investment holdings.