We need to talk about this plunge.

I know. We’re income investors, so you may be wondering why we need to talk about crypto at all, right?

Two reasons.

First, there are bitcoin-driven income ETFs out there. And I’m concerned this latest drop might convince some people that these funds are a good value now. (Hint: They’re not.)

Second, I’m concerned the cryptocurrency’s latest drop might ward investors off of income-focused closed-end funds (CEFs) that focus on the technology sector as a whole. That would be a mistake. The truth is, bitcoin’s struggles have given us an opening on these high-yield funds.

And if crypto’s faceplant gets worse, I expect that opportunity (including on a 4.6% payer we’ll talk about in a…