BITW: High Beta Crypto Play In An ETF Format
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BITW is a high beta ETF focused on the top 10 cryptocurrencies, primarily Bitcoin and Ether. It offers market access with reduced operational and regulatory risks compared to unregulated exchanges. BITW has outperformed Bitcoin recently but carries high volatility.
November 14, 2024 | 3:00 am
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BITW is a high beta ETF focused on the top 10 cryptocurrencies, primarily Bitcoin and Ether. It offers market access with reduced operational and regulatory risks compared to unregulated exchanges. BITW has outperformed Bitcoin recently but carries high volatility.
BITW is directly mentioned as a high beta ETF that has outperformed Bitcoin in recent rallies, indicating a positive short-term impact. However, its high volatility suggests potential risks, which investors should consider.
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