Dip your toes into cryptocurrency with these 2 ASX ETFs
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Interest in Bitcoin and other cryptocurrencies skyrocketed in 2024, following a strong rebound in their performance.
While Bitcoin has fallen around 20% from its peak, it is still up around 30% over the past 6 months. Impressively, it has surged more than 1000% over 5 years.
Over the past couple of years, cryptocurrency has become more mainstream. The proportion of institutions exposed to cryptocurrency has steadily increased, with financial institutions now holding almost 50% of crypto securities.
The Trump administration has also been a strong backer of digital currency, naming entrepreneur David Sachs ‘AI and Crypto Czar’, and announcing its intention to establish a Strategic Reserve and U.S. Digital…
