By |Published On: April 1st, 2018|Categories: Business Updates|

Alpha Architect has announced they’ll be releasing a cryptocurrency ETF.

Photo by Andre Francois on Unsplash

When asked for details around the methodology, Dr. Wes Gray, CEO of Alpha Architect, said:

We saw a lot of talk about it on twitter. Our methodology is pretty straightforward. Jack and I will do a little research each morning to assess the direction of bitcoin, but we’re mainly going to rely on our gut feel for which cryptocurrencies to own and which to go short. Our backtest over the last three months is very compelling.

The Alpha Architect backtest had not been tested out of sample yet, but Wes felt what the evidence and economic foundations were robust enough to move forward.

Patrick Cleary, the Chief Compliance Officer, has already approved the backtest and confirmed that the backtest performance will reflect future performance. His video testimony is available here:


Dr. Jack Vogel, CIO of Alpha Architect nodded in approval and added:

Yeah, you gotta be in it to win it.

When asked for the inspiration of the fund, Wes mentioned he saw the show Billions on Showtime and really liked how the traders on that show, “just wanted to compound their faces off.” In a follow-on interview, Dr. Gray was surprised to hear the show was not a documentary but said that didn’t change how he feels about it.

Note: This posting is fictional and does not depict real life events.

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About the Author: Ryan Kirlin

Ryan Kirlin
Ryan Patrick Kirlin is Head of Capital Markets and Sales for Alpha Architect. He works with financial advisors to analyze and create affordable, tax-efficient, investment portfolios in partnership with Alpha Architect and our investment strategies. And, once portfolio decisions are made, assists them in executing fair ETF trades. His previous roles in the New York Stock Exchange's ETF Group (where he was part of launching about 650 ETFs) and at RevenueShares ETFs help give him a well-rounded view on ETF structure and the opportunities for investors within the industry. When RevenueShares was acquired by the mutual fund behemoth Oppenheimer Funds, Ryan received an inside look at the challenges faced by legacy asset managers in adapting to the future of asset management. Ryan attended Fordham University for his undergraduate degree. He was a member of the US Rowing Team in 2011 and competed at the Pan American Games. He stills rows and his backtested performance results look great. He's not as confident in his forward expected returns due to new unaccounted transaction costs in his life (family, age, and golf).

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