Adviser interest grows for crypto ETFs
Financial advisers are demonstrating growing interest in crypto ETFs, with momentum pushing assets in these products past $800 million.
According to Global X, there is a growing appetite for digital assets within regulated vehicles, and the products have seen $253 million in net inflows since the start of the year.
Over one year to 31 August, four crypto ETFs have been among the top-performing ETFs, with returns of more than 83 per cent. These were the Global X 21Shares Bitcoin ETF (83.6 per cent), DigitalX Bitcoin ETF (85 per cent), VanEck Bitcoin ETF (88.9 per cent), and the Monochrome Bitcoin ETF (92.1 per cent).
Their strong performance was beaten only by the Betashares Gaming and eSports ETF, which also returned 92.1 per…
