WisdomTree: Coinbase S&P 500 listing confirms crypto’s place in ‘inner sanctum’
Firm met and exceeded the stringent S&P 500 entry criteria
Firm met and exceeded the stringent S&P 500 entry criteria
The digital assets index is up 76.7% since launching last year as investors flocked to cryptocurrencies
Bitcoin was compared to a fictional low-volatility asset called ‘boringcoin’
60% of wealth managers surveyed estimate they will have more than 3% of assets invested in digital assets
A 1% allocation to bitcoin in a 60/40 portfolio could have added an annualised 0.67% to returns over the last 11 years
Capital gains tax may be outstanding
Wealth managers and institutional investors managing $1.7trn quizzed
Matteo Dante Perruccio, senior adviser at 3iQ, on crypto’s entry into the asset management industry