Why crypto ETFs may not be for everyone
Investors tempted to utilise ETFs to access the cryptocurrency market are not necessarily getting what they might expect. The advice is timeless ... only invest what you can afford to lose.
With cryptocurrencies like Bitcoin and Ethereum hitting fresh highs and new investors being drawn in via exchange traded funds (ETFs), there seems no end in sight to the frenzy for these hard-to-gauge assets.
A top ETF promoter in Asia, speaking anonymously, told AsianInvestor that some investors now believe Bitcoin (BTC) is at a point where it could be considered a tactical portfolio asset or used for pure alpha generation.
The question remains, however, whether an ETF is an ap…
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