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Crypto Market Quarterly Review Q4 2022

Q4 2022 was an incredibly difficult quarter for crypto. The spectacular collapse of the offshore crypto exchange FTX—in what appears to be a criminal, Bernie Madoff-style fraud—sparked a sharp retreat in the price of most crypto assets. Read Q4 Market Review

Tax-Loss Harvesting in Crypto: A Significant and Underexplored Opportunity for Financial Advisors

Tax-loss harvesting involves risks. These include, but are not limited to, the possibility that the strategy might result in a negative return contribution and unintended tax consequences. No information in this report is tax advice: The simulations contained herein are intended for illustrative and educational purposes only and those considering implementing a tax-loss harvesting strategy…

Crypto 101: Bitcoin, Blockchain and Crypto

Investors can no longer ignore questions about crypto and its potential role in portfolios. In this presentation, Bitwise CIO Matt Hougan examines the basics of crypto from a professional investor’s point of view: What’s a blockchain? What made bitcoin groundbreaking? And why are there thousands of crypto assets? Watch this video for a clear, straightforward,…

The Case for Diversification within Crypto Investing

This report explores the value of diversification for cryptocurrency investing. It quantifies the relationship between the performance of different large-cap crypto assets through a number of measures: variability of monthly returns, correlations, and performance during drawdowns. As an example, the analysis finds that the average monthly difference in returns between the top- and bottom-performing large-cap…

Crypto Equities: A Picks and Shovels Approach to Investing in Bitcoin and Crypto

The crypto industry is supported by a growing array of publicly traded companies that build and maintain the infrastructure that allows the ecosystem to thrive. These include crypto mining companies, mining equipment manufacturers, exchanges, custodians, and others. Investing in crypto companies has traditionally been the domain of venture capital funds; now that crypto has established…

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**”Gross Expense Ratio” reflects a fund’s total annual operating expenses as stated in the fund’s prospectus and does not reflect any expense reimbursements or waivers that may exist. This mutual fund may be subject to expense reimbursements and waivers, and less such reimbursements and waivers may have lower total annual operating expenses (i.e., “Net Expense Ratio”) than indicated herein. Please read the fund prospectus carefully to determine the existence of any expense reimbursements or waivers and details on their limits and termination dates.

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