5 Cryptos To Boost Returns in a Stocks and Bonds Portfolio 2024
The U.S. Securities and Exchange Commission (SEC) made history this week, approving the first-ever Bitcoin exchange-traded funds (ETFs) to launch in the US–and setting up the crypto market for a renewed bull run.
With finance giants like BlackRock, Invesco, Fidelity, Grayscale, and Ark Invest now firmly established in the crypto market, it’s wise not to discount cryptocurrencies as an important part of one’s portfolio alongside stocks and bonds.
On the first day, ETF funds brought in a staggering $4.6 billion volume, shattering the record previously held by Gold ETFs at $1.63 billion on opening day back in 2004, confirming intense demand.
In the wake of this historic milestone, here are five digital assets investors should consider adding to their crypto portfolios.
The SEC’s approval
will finally open up Bitcoin to a wide swath of conventional investors who previously faced barriers to exposure.
Big institutional fund managers have now added Bitcoin to their investment funds, with retirement planners able to include it in employer-sponsored 401(k) plans. Rather than grappling with the complexities of direct cryptocurrency ownership, mainstream investors are now able to access Bitcoin through trusted financial institutions and regulated fund structures.
Beyond just increasing accessibility, the game-changing move also further established Bitcoin’s legitimacy in the eyes of both retail and institutional investors. Bitcoin can now securely sit alongside traditional assets like stocks and bonds in conventional portfolios.
Gold did, roughly, a 5x in 10 years, once the ETF was approved, and there is virtually an unlimited supply of gold.
Imagine what will happen to Bitcoin.
— $conrad (@conraddit) January 11, 2024
“This ETF has two
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