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DenmarkDenmark based CASP4.8/5

Crypto, actively managed for you — from €5,000

OKXTrading venueOKX

Two actively managed strategies, run by professionals. 0% management fee — you only pay when you profit. Regulated by the Danish FSA.

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Capital at risk. Past performance is not a guarantee of future results.

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Our packages

Investment Packages

Choose the strategy that fits your risk appetite — or talk to us, if you're an institutional investor.

Apply to investSee all packages
€5,000
Min.Invest.
24hSettled at month-end
Exit notice
30%Deposit < €50k
Performance fees
15%Deposit > €50k
Performance fees

Penning Edge

BTC & ETH spot holdings paired with our proprietary market-cycle timing system, the Phoenix Protocol — adjusting exposure across market cycles to aim for more upside, less downside.

~APR20%
~Drawdown10%–40%
Risk level
Medium
Profit potential
Medium–High
View strategy

Approx. target, backtested Jan 2020 – Mar 2026. Not a guarantee.

Penning Trade

4–6 in-house algorithms trading BTC & ETH futures, long and short - 24/7. Designed to find opportunity whether markets rise, fall, or move sideways.

~APR+30%
~Drawdown10%–60%
Risk level
Medium–High
Profit potential
High
View strategy

Approx. target, backtested Jan 2020 – Mar 2026. Not a guarantee.

Figures are indicative targets based on backtested results (January 2020 – March 2026). Past performance is not indicative of future results. Capital at risk.

Fees

0% management fee. We only earn when you do.

No fixed or management fee — your full balance stays invested. We charge a performance fee only on positive returns above a high-water mark: 30% on deposits under €50,000 and 15% on deposits of €50,000 or more. Fund your account in DKK, EUR or crypto.

The performance fee is the only fee — "0% management" does not mean the service is free. The full fee schedule is in your account agreement.

Penning Edge

Penning Edge — Time the Market

What this strategy does

Penning Edge offers a sophisticated alternative to the conventional buy-and-hold approach to Bitcoin and Ethereum. Rather than passively holding through market cycles, Penning Edge seeks to generate meaningful relative outperformance against the underlying assets over time.

The product combines spot holdings in Bitcoin and Ethereum as core long-term exposure, with the Phoenix Protocol serving as the active market-cycle timing layer. The Phoenix Protocol dynamically adjusts exposure based on market cycles — aiming to capture more of the upside in bull markets and protect more of the downside in bear markets.

Think of it as a smarter version of simply holding Bitcoin and Ethereum. Instead of just sitting still, the strategy actively adjusts how much is held based on where we are in the market cycle.

Time horizon:
Long-term (2–5 years)
Risk:
Medium
Profit potential:
Medium–High
How investing worksApply to invest
~APR20%
~Drawdown10%–40%
Risk level
Medium
Profit potential
Medium–High

Figures are indicative targets based on backtested results (January 2020 – March 2026). Past performance is not indicative of future results. Capital at risk.

Penning Trade

Penning Trade — Markets Solved With Math

What this strategy does

Penning Trade is a dynamically rebalanced portfolio of proprietary algorithmic trading strategies, deployed across Bitcoin and Ethereum perpetual futures.

The portfolio is designed to be market-neutral, maintaining a balance of long and short positioning to generate returns that are independent of broader directional market trends. The portfolio draws on between four and six active strategies at any given time, each built in-house.

Capital is continuously evaluated and redistributed based on strategy correlation, rolling performance metrics, and prevailing market regime. This product runs a team of algorithms that trade Bitcoin and Ethereum futures around the clock.

They go both long and short, meaning the strategy is designed to find opportunities whether the market is going up, down, or sideways.

Time horizon:
Short – Medium term (1–2 years)
Risk:
Medium–High
Profit potential:
High
How investing worksApply to invest
~APR+30%
~Drawdown10%–60%
Risk level
Medium–High
Profit potential
High

Figures are indicative targets based on backtested results (January 2020 – March 2026). Past performance is not indicative of future results. Capital at risk.

Benefits
  • Professional crypto management from €5,000
  • Proprietary strategies for different market conditions — from long-term cycle timing to market-neutral trading
  • Fund via bank transfer (DKK, EUR) or crypto
  • 0% management fee — we only charge on profits
  • 24-hour exit notice — positions are settled and paid out at the upcoming month-end. No long lock-ups.

About Penning Invest

Penning Invest offers two distinct portfolio management products - Penning Edge and Penning Trade — both designed to give you active, professionally managed exposure to the digital asset market.

You don't need to be a crypto expert. Our proprietary systems and professional team manage the strategies around the clock. You follow your portfolio's performance 24/7 via your personal investor dashboard.

No fixed management fees. We only earn when your portfolio performs. Access starts from €5,000 per product.

* Historical figures are based on backtested results (January 2020 – March 2026). Past performance is not indicative of future results. Capital at risk.

How it works

Your money, actively managed by professionals.

01

Sign up

Fill in your details and submit required ID documents on our website.

02

Application approved

Most applications are reviewed and approved within 48 hours.

03

Transfer your capital

Send your capital via bank transfer or crypto — whichever you prefer.

04

We set everything up

Our desk executes your block trade and establishes the technical connections to your trading account.

05

Start investing

Trading begins. Track your portfolio performance live via your personal investor dashboard.

Exit policy

How to exit

We confirm receipt of your request within 24 hours. Positions are then liquidated and your balance is paid out at the upcoming month-end.

Partial exit

To partially withdraw your investment, send an email to invest@penning.dk. We will confirm receipt and process your withdrawal at the upcoming month end. Your remaining balance must be at least €5,000 per product to keep it active.

Full exit

If you wish to exit your investment with us, you notify this via email to invest@penning.dk. We will confirm that we have received your termination request and require 24 hours to terminate all investments. All positions are liquidated and your full balance is returned at the upcoming month end.

Danish FSA registered

Penning Financial Services ApS is registered with the Danish Financial Supervisory Authority as a Crypto Asset Service Provider as per MiCA-regulation. Registration confirms compliance with Danish AML/CTF rules, customer due-diligence and ongoing supervisory reporting.

View FSA record
What clients are saying

Testimonials

See all on Trustpilot
Excellent support and an easy-to-use platform! The phone is always answered quickly, or they call back shortly after if you have any questions. Just a few hours from fiat in your traditional bank to crypto in your own wallet.

Ulrik Bruhn

October 21, 2025

01/05

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Want an advisor, or a larger mandate?

Penning Wealth offers long-term, advisor-guided management for larger portfolios.

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Still have questions? Explore our most asked answers

FAQ

The minimum investment is €5,000 per strategy. You can allocate to one strategy or split across both Penning Edge and Penning Trade.

Find your fit

Three ways to own crypto with Penning

Trade yourself

Trade

Buy, sell and swap 190+ assets at your own pace — instantly, or with broker-desk and OTC support.

Have a strategy managed

Invest

Penning runs a backtested portfolio strategy for you — the Edge and Trade packages, from €5,000.

You're here
Full wealth management

Wealth

Long-term, advisor-led crypto management for larger portfolios — and the advisors who serve them.

Learn more in the Academy

How to choose a regulated crypto exchange in the EUAre crypto exchanges safe? How EU regulation protects youWhat is cryptocurrency?

Ready to put your capital to work?

Two strategies. 0% management fee — performance fee only. Regulated by the Danish FSA. From €5,000.

Past performance is not a guarantee of future results. The value of your investment may decrease. Penning Invest is a portfolio management service approved by the Danish FSA. Penning does not provide investment advice.