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Hedge  · May 22, 2026

RS Crypto Income Fund, LP

SEC Filing Record
Offering Amount
$33.0M
Strategy
Hedge
Exemption
06b
Date Filed
May 22, 2026
0002025423-26-000002
View on SEC EDGAR →
37A Read

The dual GP structure—with RS Crypto Income Capital LLC as likely the operating entity and RS Advisory Group LLC as a separate advisory or management vehicle—indicates a separation between fund management and advisory functions, a pattern often used when one entity handles LP relations and compliance while the other retains discretionary trading authority or when multiple institutional sponsors need distinct roles.

No prior EDGAR filings from this manager mean this is either a first-time fund formation or a manager operating below the filing threshold until now; the $33M target and four named GPs signal either a newly assembled team pooling institutional relationships or a rollup of prior private vehicles into a regulated structure, and the 06b exemption confirms this is a closed raise to existing relationships only—not a new manager building public-facing infrastructure.

Filing an amendment to a crypto-focused income fund in mid-2026 reflects a market inflection: institutional appetite for yield-bearing digital assets is recovering post-regulatory clarity, and hedge funds are capitalizing on the yield curve normalization and staking/lending opportunities that emerged after the 2023-2024 washout of failed crypto platforms.

Before committing, LPs must confirm whether David Rosenblum and Brian Shapiro hold explicit key-man status and what happens to capital if either departs, as well as whether this $33M amendment increased or replaced a prior target—the amendment flag suggests a prior filing may exist outside EDGAR or the target was adjusted mid-raise, both of which affect capital deployment timeline.

Full analysis (GP structure, exemption breakdown, and market context) is available to Pro members.

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Principals
General Partners & Executives
RS Crypto Income Capital LLC RS Advisory Group LLC David Rosenblum Brian Shapiro