Alpha Prime Trust Report Main Page

MONTHLY REPORT

August 2026

Alpha Node Capital Management Pty Ltd
Australian Financial Service License 479 974.
CAR Number 1308193.

Alpha Prime Trust

ALPHA PRIME TRUST OVERVIEW

The Fund adopts a multi strategy approach including an actively managed long/short exposure to digital assets, momentum trading, bot driven arbitrage strategies, and other opportunistic digital asset trades as identified.

Investment MANDATE

The Fund is an actively managed, multiple strategy approach seeking to deliver Unitholders absolute returns from identifying alpha across all market conditions. The digital asset market is known for its inefficiencies and volatility, which can present both risks and opportunities for investors. By targeting areas with sufficient liquidity, risks can be mitigated to provide above average investment returns. The Fund adopts a multi strategy approach including an actively managed long/short exposure to digital assets, momentum trading, bot driven arbitrage strategies, and other opportunistic digital asset trades as identified.

KEY FUND INFORMATION

Mandate Style	Active / Multi-Strategy
Management Fee	2% per annum paid monthly
Performance Fee	20% High Watermark
Buy/Sell Spread	0.05% for Stablecoins, 0.40% for AUD or USD
Min Investment	$50,000 USDC, USDT, USD, or AUD equivalent
Additional Contributions	50,000 USDC
Distributions	Annual or Reinvestment
Applications	Monthly
Trustee	Alpha Node Capital Pty Ltd
Auditor	Moore Australia
Administrator	Formidium Inc.
Custodian	Ledger Enterprise
Accountant	Moore Australia

Cumulative Investment Growth

Recent Performance (%)

Portfolio Commentary

Last Updated: 31 August 2026

Alpha Prime Trust returned +0.43% over the month, with contributions spread across the Defi strategy, Market-neutral and Forex strategies. The sharp risk-on move in digital assets from August lifted DeFi yields and improved carry available to market-neutral positioning, while the Forex strategy benefited from broad US dollar softness through the month as Treasury’s bond-buying announcement and mounting rate-cut expectations weighed on the currency.

Strategy Allocation

MONTHLY PERFORMANCE (%)

Key Market Events

Total crypto market capitalisation rose 16.67% to $2.68 trillion.

Bitcoin closed at $78,554.14, up 25.38% for the month and down 10.59% for 2026. The turn came from forced demand. The Treasury announcement on August 19 liquidated roughly $1.4 billion of Bitcoin shorts within hours, and the squeeze carried price through the levels that had capped rallies through July. ETF cash gave the move staying power. U.S. spot Bitcoin ETFs added $3.31 billion through August 28, with 15 of 20 sessions positive, and buyers subscribed at rising prices through the strongest part of the move. The composition of demand widened too. Goldman Sachs agreed to buy NEOS for up to $2.25 billion, adding a Bitcoin income ETF that sells call options against Bitcoin-linked exposure. Public miners were estimated to have sold $1.78 billion of Bitcoin through the month.
Ethereum closed at $2,466.93, up 32.56% for the month and down 17.29% for 2026, beating Bitcoin by more than seven percentage points. U.S. spot Ether ETFs added $1.76 billion through August 28 across 16 positive sessions, equal to more than 11% of the $15.23 billion month-end net asset base. The wrapper is changing too. Fidelity proposed staking the Ether held by FETH, retaining 15% of gross rewards for service fees and distributing cash quarterly. BNY Mellon added staking to institutional custody. Draft EIP-8363 proposed lower consensus issuance as more ETH is staked, which means Ethereum’s investable product is becoming easier to own while its base return is still being debated. September asks whether access to staking creates durable demand once the launch excitement fades.
Price Movements. Sector gains confirmed that the move extended market-wide. Artemis’s one-month ranking placed Crypto Infrastructure first at 38.1%, followed by Gold Miners at 32.8%, DeFi Lending and Yield at 32.6%, and Crypto Exchanges and Brokers at 32.4%. Twenty-two of the 25 displayed themes beat the S&P 500’s 2.6% return. The laggards were concentrated: Bitcoin Miners fell 7.8%, China Internet and Growth lost 8.5%, and China AI declined 10.6%. Leverage climbed with the gains, with Binance leverage ratios at their highest since January and the Crypto Fear and Greed Index reaching 74 before the August 28 options expiry.
Macro. July CPI eased to 3.4% and long-term yields fell, yet the market barely moved until the Treasury announcement supplied the stronger cue. July PCE still closed the month high, headline at 3.7% and core at 3.3%, with real consumer spending flat.
Regulatory. The US SEC proposed Regulation Crypto Assets on August 18, a tailored offering framework with exemptions up to $5 million and $75 million and a conditional safe harbour. Congress lagged, with the CLARITY Act still stuck.

Alpha Node Capital

Management Team

DR ANDY TING – CHIEF INVESTMENT OFFICER
B.Eng, M. Eng and PhD Nanyang Technological University
ANC has appointed Dr. Andy Ting as Chief Investment Officer of the Fund to execute the proprietary mandate in a regulated Australian Fund. Dr. Ting has been specialising in applying Artificial Intelligence, financial trading, and technology applications to generate excess returns since 2011. He has delivered solutions across a number of industries including insurance, fintech, and exchanges. In 2019 he commenced the application of these algorithms against Digital Currency markets, assisting high net wealth individuals throughout Asia.

In the Alpha Prime Trust, Dr Ting, together with his lead Advisor Peter Wong, implement their tested market strategies to generate alpha for the Funds investors.

PETER WONG – LEAD ADVISOR
B.Com (Accounting and Finance) at the University of Western Australia
Peter Wong began his financial services career in Australia in early 2000s as a Private Client Adviser at a national stockbroking firm providing high level trade executions and portfolio management for his clients. During his tenure at the firm, he was also responsible for the proprietary trading desk as the Head of Trading in Perth. In 2016, leveraging his experience trading on the ASX; he founded a proprietary equity trading firm and boasts a team of dedicated professionals who shares his passion for trading with in-depth knowledge of the local market. He continues to draw upon his knowledge to mentor traders and to provide access to multi- asset trading facility at SNAP Innovations.

Why Invest?

ALPHA TRADING STRATEGY FOCUS

The Fund Manager has alpha generating trading teams who have specialist knowledge in equities, futures, digital currency, commodities and foreign exchange across global markets.

DIGITAL ASSET EXPOSURE

Digital Currencies present themselves as an exciting new store of value asset class, providing a hedge against aggressive global expansionary monetary policy. The Fund presents Unitholders with the opportunity to profit from the nascent imperfections of the sector, in a regulated MIS with a risk management framework.

Alpha Node Capital (ANC) is a fund management firm with an Australian Financial Services License (AFSL) to operate managed investment schemes. Offering active trading strategies for Unitholders to achieve absolute returns, ANC pioneers digital currency investing and extends its expertise to traditional financial markets, covering investment analysis, risk management, yield strategies, trend analysis, custody solutions, and regulatory compliance for both digital and traditional assets. The firm, committed to continuous research and development, employs a disciplined approach in managing investments, staying ahead of trends in the dynamic digital asset sector.

GOVERNANCE

Committed to excellence, ANC’s team of experienced specialists focuses on delivering value and performance to Unitholders. With an active investment approach, ANC diligently assesses the risk and performance of its trading strategies.

Alpha Node Capital Pty Ltd (ANC) is the Trustee of the Fund and issues Units under an Australian Financial Services Licence (AFSL 479974).
ANC is furnishing this presentation to sophisticated prospective investors for informational purposes only in relation to a potential opportunity to subscribe for Units in the Alpha Prime Trust (APT or Fund). This is neither an offer to sell nor a solicitation for an offer to buy Interests in the Fund. An offer to invest is contained within the Fund’s Information Memorandum. The information in this document is not intended to be relied upon as advice to investors or potential investors and has been prepared without taking into account the Recipient’s investment objectives, financial circumstances or particular needs.
Any investment decision should be made based solely upon appropriate independent due diligence. Recipients of this document are advised to consult their own professional advisers as to the legal, tax, financial or other matters relevant to the suitability of an investment in Units of the Fund. An investment in any Unit trust, including this Fund, is subject to risks of potential loss of income and the potential loss of capital as a result of specific events.
The summary set forth in this Presentation does not purport to be complete, and is qualified in its entirety by reference to the definitive offering documents relating to the Fund. Do not place undue reliance on this Presentation. Information May Change and Be Inaccurate, Incomplete, or Outdated: The information in this Presentation is for discussion purposes only and no representations or warranties are given or implied. Any use of this Presentation is on an “as is” and “as available” basis and is at the user’s sole risk.