WisdomTree executives suggest cryptocurrency index ETFs may be one of the next investment trends.
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TL;DR
WisdomTree's Will Peck predicts cryptocurrency index ETFs will fill a market gap, offering diversified portfolios to help new investors access crypto while reducing individual token risks.
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ETFcryptocurrency ETFsinvestment trendsWisdomTreedigital assetsdiversified portfolios
According to a report by Cointelegraph, Will Peck, head of digital assets at WisdomTree, predicts that ETFs holding diversified cryptocurrency portfolios will fill a significant gap in the market in the coming years, potentially becoming one of the next waves of investment. Peck explained that while many new investors now understand the concept of Bitcoin, they often struggle to assess the value of the next 20 assets. A diversified cryptocurrency portfolio allows them access to the space while mitigating the specific risks associated with investing in individual tokens.