Navigating Bitcoin Slump With Alternative ETFs
The cryptocurrency market has been hit by a seismic jolt recently, with Bitcoin (BTC) plummeting to 16-month lows. In a staggering display of volatility, the “digital gold” fell nearly 20% in a single week this February, at one point flash-crashing toward the $60,000 mark.
This heavy drawdown, with the price of Bitcoin falling to its lowest level in 15 months (as mentioned by the BBC), wiped out more than $1 trillion in total crypto market value in just a month and $2 trillion since the market peaked in October, as per CoinGecko data.
As Bitcoin’s dominance wavers, the spotlight is shifting toward a new breed of Crypto Exchange-Traded Funds (ETFs) that allow investors to navigate the slump by diversifying into alternative…




