Investing in crypto
About us
Wiston Capital was established to professionalise investment in bitcoin and crypto assets.
Our core business is fund management, where we take an active, discretionary approach to portfolio construction.
We believe the adoption and ownership of bitcoin and digital assets will continue to expand as their use case becomes more apparent.
Through our free newsletter (CHAINLETTER) and educational events, we help investors improve their understanding of this new asset class.
CHAINLETTER sign-up
Our round-up of what’s happening in the world of crypto is free and it’s out once a fortnight. Fill in the form below, or subscribe on Substack.
You can see the latest edition of CHAINLETTER in the RESEARCH section below.
blog
The AWS Outage: A Wake-Up Call for Digital Resilience
In this note, we consider the impact of the recent AWS outage and what it revealed about the balance between resilience and reliance in the digital age. Some parts of crypto held firm, while others faltered, offering a useful snapshot of how far the sector has come,...
Bitcoin Is A Long Term Buy – Chainletter 68
There’s a strong two-way pull in the bitcoin market at the moment. For those wanting long term capital appreciation, however, these are the rare moments to get involved. The technical picture tells us that a lot of caution has already been built into the price....
Crypto Crumble
Last night the bottom fell out of the crypto market. The trigger seems to have be a renewed round of punitive trade tariffs imposed by Donald Trump on China. Read our initial...
You Can Have Bitcoin ETNs, But You Can’t – CHAINLETTER 67
On the 5th anniversary of the original banning of bitcoin ETFs in the UK, and despite the promises, it seems we’ve hardly advanced at all. Technical Bitcoin gently grinds higher to a new high. US$650,000 bitcoin fair valuation as volatility remains subdued. Macro You...
Binance – The Everything Ecosystem
Executive Summary BNB, the native token of BNB Chain, has reinforced its position as one of the top-performing assets in crypto, reaching an all-time high of $1,210 on October 6th, 2025 with a fully diluted market cap of US$168.6 billion. Its growth is underpinned by...
Bitcoin US$650,000 – CHAINLETTER 66
A look at bitcoin valuation through the lens of inverse volatility. A look at the Inverse Volatility of bitcoin and gold suggests to us that in relative terms bitcoin is massively undervalued. With gold at US$3,881/oz, bitcoin should be around US$650,000, a five-fold increase from here. Even if you disagree with the detail, that’s a huge margin of safety. Take a look at the calculations and let us know what you think.
Crypto education
“Crypto Bootcamp”, our day-long course teaching the basics of blockchain technology and the evolution of money, continues to receive tremendous reviews:
- “Crypto is the future of investment. Understanding how crypto works is essential. This is a truly 5-star course delivered by practitioners, aimed at both high level professionals and enquiring retail investors.” Michael Howell, Crossborder Capital
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“It was a fantastic and very interesting day. I learnt a lot about the crypto space, and came away enthused about what is to come and the opportunities ahead.” Luke Hyde-Smith, Co-Head of Multi Asset Strategies, Waverton Investment Management
2023 Dec bootcamp 2
2023 Oct Crypto bootcamp
Don't get left behind
The team
Charlie Erith
Founder, Senior Portfolio Manager
Charlie spent 25 years in institutional equity sales and fund management before embarking on a career in digital assets in 2020. He spent the first half of his career at Cazenove, working initially in the Asian offices, before becoming a Director of Institutional Sales in London. In 2006 he moved to Boyer Allan to manage a long/short Asian equity fund. In 2012, he co-founded Stone Drum Partners where he started a long-only fund with a focus on small and medium size Asian companies, which subsequently moved to Coupland Cardiff Asset Management in 2015.
Charlie started ByteTree Asset Management in 2020. As Chief Executive Officer he led the move into institutional investment management, launching both the AKJ Bitcoin & General Fund (2021) and the 21Shares ByteTree BOLD ETP (2022).
Wishing to concentrate exclusively on crypto fund management, Charlie founded Wiston Capital in June 2023 where he continues to manage the AKJ Bitcoin & General Fund.
William Ralston Saul
Head Of Strategy
William started his career in the mining industry, living and working in Tajikistan for 9 years. He co-founded his first mining company in 2006, which he sold in 2013.
William first took an interest in blockchain in 2017. After several years becoming increasingly involved in the space, he decided that comprehensive education was one of the key missing ingredients. In 2020 William co-founded the InCrypto Hub education platform to address this issue.
In 2022 William became the CEO of Jade Vault Ltd. This is the world’s largest Jadeite gemstone deposit which will also incorporate Jade City, the world’s first blockchain powered Jadeite trading platform.
Shehriyar Ali
Senior Research Analyst
Ali has been working in the realm of crypto asset research and analysis since 2021. He has authored multiple research articles, and co-manages the DigitalVision strategy with Jake Anderson.
His keen interest in the crypto space led him to specialize in onchain network analysis, delving into the intricate workings of blockchain networks to gain valuable insights into their operations. Furthermore, his deep understanding of tokenomics design has enabled him to unravel the complexities of the economics of a crypto project, providing valuable perspectives on the dynamics of digital assets.
Ali holds an honours degree in International Business from Teesside University. Hailing from Hyderabad, India, Ali lived in Singapore for 3 years before moving to Adelaide, Australia. Ali is currently studying for a Masters In Finance.
Jake Anderson
Assistant Portfolio Manager
Jake joined Wiston Capital full time in January 2025, and co-manages the DigitalVision strategy.
Jake has a background in the financial advice sector and brings an understanding of both traditional and decentralised finance. He has been an investor in crypto assets and blockchain technology since 2021, conducting extensive independent research into the real-world applications of projects, with particular interest in emerging trends. He has a keen interest in the transformative power of the space for emerging markets and ESG-friendly projects as well as the emerging AI sector.
Jake holds a First Class degree in Economics from Swansea University and is based in London, UK.
Our contact details
Fund Management enquiries: [email protected]
General enquiries: [email protected]
Media: [email protected]
Wiston Capital Ltd (Company no. 14953453), 22 Friars Street, Sudbury, CO10 2AA, UK