Betashares CRYP ETF Proves Limited Risk Exposure to Crypto Market Volatility

Betashares CRYP ETF down up to 16 per cent as a result of weekend Bitcoin plunge, investors not completely removed from direct exposure to crypto token volatility.

  • Bitcoin plunges by up to 20 per cent over the weekend
  • Betashares CRYP ETF among other global crypto ETFs not immune to resulting downward price effects
  • Betashares CRYP ETF finished first day of trading with $39.7 million in net purchases

Investors love a great origin story, especially if it compels them to identify with a company’s long-term vision for value creation. The same could easily apply to any potential asset to be speculated on. When it comes to Bitcoin, however, it is perhaps its murky origins that keep plenty of more cautious investors away from …

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