In small amounts, crypto can offer diversification without exposing clients to outsized risk. If it underperforms, the damage is contained.
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The new products are designed to give investors more yield than the average spot fund.
Advisors still aren’t the big crypto fans, viewing the asset class as too speculative and volatile to fit into a traditional financial plan.
Digital currencies have different purposes both in the real world and portfolios.
As bitcoin struggles to recoup some of this year’s dramatic losses, ETFs based on Ethereum and Solana are gaining ground.