Retail Traders Schooled on Market Timing as New Crypto Bets Sink
Wall Street’s rush to cash in on the crypto boom by launching exchange-traded funds of all stripes is looking like a case of awkward timing: All 11 ETFs mostly tied...
By Isabelle Lee · Bloomberg Markets
Wall Street’s rush to cash in on the crypto boom by launching exchange-traded funds of all stripes is looking like a case of awkward timing: All 11 ETFs mostly tied to smaller cryptocurrencies that debuted recently are in the red, caught in a broader selloff that’s wiped roughly $600 billion from Bitcoin’s market value since its October peak.