Bitwise has converted three of its futures-based ETFs into "Trendwise" products that rotate between crypto and US Treasuries based on market price trends. The funds will invest in crypto futures when prices are gaining momentum and rotate into Treasuries when prices are declining. This strategy aims to boost risk-adjusted returns while reducing downside risk. The changes in fund strategy are part of a trend of innovation in crypto ETFs, with issuers seeking to introduce new assets and strategies into the market. As the crypto space evolves and more investors enter, there is expected to be a demand for more nuanced products beyond the largest crypto assets.
- Content Editor ( blockworks.co )
- 2024-12-03
A new kind of crypto ETF weighs market trends