According to @CryptoMichNL, MNFund completed its second trading month with a 12.21% year-to-date return and a 4.29% gain in August 2025, while BTC fell 8.65% in August. According to @CryptoMichNL, this equates to a 12.94 percentage-point August outperformance versus BTC, attributed to volatility trading and well-positioned core holdings.