RabbitSuitToday
Daily close 2026-09-06 · engine v1.2.0
Right now
The fund runs on one number. R* is the share of the fund in Bitcoin: the formula's reading R, carried with a short memory. The rest is parked in exactly one other asset at a time.
Today's split
51% of the fund in Bitcoin. The other 49% sits in the Nasdaq-100. Concentrated growth and productivity gains.
Two dials, one position. R is what the rules say today; R* is what the fund actually holds. Usually they match. When the rules move R against the wider liquidity trend, R* follows R with a short delay rather than all at once. It never holds more Bitcoin than the rules have called for.
Switching the parked asset never changes the Bitcoin share.
What the fund has held
Every daily record since launch, stacked to 100%: Bitcoin at R*, and the parked share coloured by the asset it sat in.
Around the dial
how this works →Where the rest of the fund sits, and the pre-agreed rules that can overrule the formula.
Parked share
Why this asset: Concentrated growth and productivity gains.
Re-picked at each month-end by a rule. Switching never changes the Bitcoin share.
Overrides: rules above the formula that can only reduce risk
The full stop: the Bitcoin share goes to zero, even below the floor.
The test that would end the fund: pre-agreed evidence that Bitcoin adoption has reversed. While it stands, all buying stops.
Always on: a small Bitcoin share the fund never goes below.
Automatic crash brake: while stock-market volatility spikes into a crash, the Bitcoin share is halved, buying pauses and the parked share moves to cash. It releases by itself as things calm down.
What can overrule the dial, and why it was agreed in advance →
Options position
A small, pre-agreed options position: bought options only, entered when the strategy says convexity is worth buying, paid from the parked share, held to expiry, capped at a fixed share of the fund. It never changes the dial; payouts go back to the parked share.
No open options.
Options at cost: 0.0% of the fund · cap 20%
Market value is for display only; the fund counts the position at cost until it settles.
Entry episodes recorded: 0