BLOC offers exposure to the most established crypto assets, which represent around 70% of the cryptocurrency market cap, such as bitcoin, ether, bitcoin cash and litecoin. To avoid overexposure to bitcoin and ether, however, the combined allocation to the two is capped at 75%. Source link … [Read more...] about WisdomTree Lists Three Crypto Basket ETPs in Europe
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Reef Finance unveils basket product tied to DeFi investments
Reef Finance, a multi-chain liquidity provider, is giving clients a way to gain exposure to DeFi tokens and other digital assets through an ETF-like investment product. One-click and they are instantly exposed to multiple DeFi products, thus taking part in the recent crypto surge.Dubbed ‘Reef Baskets,’ the new vehicle allows users to avoid the brunt of investing in multiple … [Read more...] about Reef Finance unveils basket product tied to DeFi investments
Oops! A 100% Bitcoin hodl outperformed CNBC’s 2017 altcoin basket by 170%
Bitcoin (BTC) has produced phenomenal returns most years, but when it comes to maximizing them, it's best just to buy and hodl.That was the conclusion from new data circulating on social media this week, which casts serious doubt on the merits of following investment advice from mainstream media.Don't believe the hype?Under the microscope was CNBC, which in 2017 offered viewers … [Read more...] about Oops! A 100% Bitcoin hodl outperformed CNBC’s 2017 altcoin basket by 170%
Bitcoin naysayer JPMorgan creates ‘Cryptocurrency Exposure Basket’
The US bank is suddenly turning bullish on Bitcoin’s long-term growth after trying to shun it for years.Bitcoin the first timeJPMorgan has created a “Cryptocurrency Exposure Basket” for clients looking to bet on companies working in the crypto space, a filing on Tuesday showed.The basket contains over 11 publicly-traded stocks with a direct or indirect focus on the crypto … [Read more...] about Bitcoin naysayer JPMorgan creates ‘Cryptocurrency Exposure Basket’