[Australian crypto fund manager DigitalX is slashing costs and discloses that its Bitcoin fund has an annual return of 99%] On November 15, Australian crypto fund manager DigitalX plans to position itself as the "flag bearer" of digital assets to prepare for the "mainstream moment" of the crypto industry after major breakthroughs and global political shifts, especially in the United States. DigitalX said on Thursday that the company is slashing operating costs and will reduce annual costs by $950,000 ($614,000) by restructuring the fund management team. At the same time, its Bitcoin fund has an annual return of 99%. The company acknowledged that despite its solid performance, it still faces several challenges in raising management funds and pointed out that the potential investor market is relatively small compared to traditional investment products.