HONG KONG, Nov. 17, 2025 — HumbleBee Fund, a Cayman-registered crypto fund, today announced that it has consistently delivered annualised returns exceeding 30% across diverse market cycles. This achievement underscores its disciplined, risk-managed strategy at a time when institutional interest in digital assets continues to intensify. The fund emphasizes its strong performance and underlying philosophy as it strengthens its role as a stable, institutionally focused participant in an otherwise volatile market.

As institutional capital increasingly flows into the cryptocurrency and digital asset space, professional managers are adapting their strategies to fulfill the rising demand for disciplined, risk-aware exposure. HumbleBee Fund, a crypto fund registered in the Cayman Islands, is among the emerging managers demonstrating that consistent returns and capital preservation can coexist despite the market’s inherent volatility.
Across past market cycles, the team has consistently generated annualized returns above 30%, guided by a philosophy centered on minimizing volatility and preserving capital. “Our approach has always prioritized protecting the downside,” stated CEO Ethan Tong. “In the crypto market, opportunities are abundant; the true discipline lies in avoiding unnecessary risk.”
This philosophy proved resilient through industry-defining events such as the FTX collapse, the LUNA–UST implosion, the USDC depeg, US tariff shocks, and the broader deleveraging cycle. HumbleBee successfully avoided major failures, significant drawdowns, and forced liquidations. While many market participants assumed excessive directional risk, the fund maintained prudence and structural hedging, enabling it to remain liquid and fully operational during periods of extreme stress.
“As institutions enter this sector, the need for disciplined, risk-conscious managers has never been more critical,” Tong remarked. “Short-term returns are important, but long-term compounding is genuinely achieved through survival and consistency.”
About HumbleBee Capital
The Cayman Fund was founded by Ethan Tong, Richard Li, and Philip Lam, pooling deep expertise in quantitative research, systematic portfolio engineering, and high-performance trading infrastructure. Collectively, the founders possess decades of experience accumulated across leading investment banks, family offices, and asset-management firms. Ethan dedicated over 15 years to the quantitative trading space before co-founding the fund. His previous roles include co-founding Aspen Digital where he served as Chief Investment Officer, and positions at Credit Suisse and Block.one. He also currently holds the titles of Co-Founder and Chief Security Officer at WEEX, a globally leading cryptocurrency exchange.
The team was incubated by Head & Shoulders X, founded by Stanley Choi, who is recognized not only as a successful entrepreneur but also as a dedicated crypto enthusiast. His entrepreneurial drive and institutional experience provided crucial early guidance and strategic depth, accelerating the fund’s development, governance standards, and long-term vision.
CONTACT: Media Contact Philip Lam legal@humblebee.capital
