Whether you’re a real believer or a skeptic, it’s laborious to disregard how Bitcoin and different
Whether you’re a real believer or a skeptic, it’s laborious to disregard how Bitcoin and different cryptocurrencies carried out in 2020. Crypto has gone from the realm of early adopters and fringe lovers to main establishments and wealth managers.
Within the upcoming webcast, Crypto for Advisors: A Rising Alternative, Matt Hougan, World Head of Analysis, Bitwise Asset Administration, will current the outcomes of the 2020 Crypto-for-Advisors survey, exploring how the wealth managers have included crypto property as a part of consumer portfolios, and focus on easy methods to entry crypto, the way it’s saved, and new methods traders can entry this thrilling new asset class.
Bitwise Asset Administration is the creator of the world’s first cryptocurrency index fund and gives low-cost, liquid beta funds, holding Bitcoin and Ethereum solely.
The Bitwise Bitcoin Fund and the Bitwise Ethereum Fund are the second and third methods within the Bitwise fund household, becoming a member of the broad-market Bitwise 10 Crypto Index Fund. The funds are pushed by inbound consumer curiosity and investor dissatisfaction with current choices, lots of which carry premiums, cost exit charges, have lockups, and/or cost bills to the fund outdoors the acknowledged administration payment.
The Bitwise Bitcoin Fund holds Bitcoin and captures the full returns accessible to traders on the earth’s largest crypto asset, together with any significant laborious forks and airdrops. The Bitwise Ethereum Fund does the identical for Ether. Funds safeguard holdings in 100% chilly storage with an institutional third-party custodian and put together easy Okay-1 tax paperwork for traders annually.
“The pace at which skilled traders are transferring into crypto proper now could be exceptional,” Hunter Horsley, cofounder and Chief Govt Officer of Bitwise, mentioned in a word. “Whereas adoption of crypto as an asset class and conviction round its function in portfolios quickly expands, we proceed to induce all traders to contemplate the dangers related to investing in cryptocurrencies typically and the Bitwise Funds specifically.”
Monetary advisors who’re interested by studying extra about cryptocurrencies can register for the Tuesday, January 12 webcast right here.
Learn extra on ETFtrends.com.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.