#ETFs
The recent crypto market bust has left some investors more cautious, after hitting some of the hottest and most-hyped corners of the industry the hardest. It may also provide a boon to emerging strategies that seek to more actively manage risks.
The universe of crypto investment alternatives has expanded dramatically in just a few years and now includes direct cryptocurrency purchases, spot ETFs, derivatives like put and call options and futures, shares in mining and treasury companies, crypto exchanges and infrastructure providers.
But that is also bringing different investment results, with leverage, high valuations and funding concerns among the factors that have hurt various corners of the crypto markets.
"Investment vehicles for bitcoin have exploded across both retail and institutional markets, fundamentally expanding access,” said John D’Agostino, head of strategy at Coinbase Institutional. However, “the nuances matter in terms of how people want to express leverage and to what degree they want to hedge their exposure.”
