Should You Add Crypto to Your 60/40 Portfolio?
The holiday season is a time of giving, and investors are searching for the perfect gift to give their portfolios. While the classic 60/40 mix of stocks and bonds has long been a staple, the rise of cryptocurrency is tempting many to add a little digital sparkle to their investment strategy, especially after the Securities and Exchange Commission approved 11 spot bitcoin exchange-traded funds and nine spot ethereum ETFs in 2024. But is crypto the festive upgrade your portfolio needs, or just a flashy stocking stuffer best left on the shelf? The crypto market recently experienced a sharp selloff, reminding everyone of its volatility. For example, iShares Bitcoin Trust ETF IBIT fell 26% from its October peak through Dec. 10 and turned…
