Professor Andrew Urquhart is Professor of Finance and Financial Technology and Head of the Department of Finance at Birmingham Business School (BBS).
This is the fourth instalment of the Professor Coin column, in which I bring important insights from published academic literature on cryptocurrencies to the Decrypt readership. In this article, we’ll investigate crypto funds.
Cryptocurrencies have become financialized in recent years. Initially, investors wanting exposure to cryptocurrencies had to buy the coins themselves from exchanges, learn how blockchain works and how to look after their own keys, while also dealing with self-custody of their crypto assets.
At the same time, the only way to get exposure was to hold long the…
Apr 22 2025
