Blockchain ETFs: 1 To Buy, 1 To Avoid

As the financial markets continue their rebound off of March 2020 lows, riskier assets have, for the most part, been the ones that have outperformed.

Tech stocks, across most subsegments, have been leaders, although outperformance has stagnated over the past six months. Cyclicals, including financials and energy, are finally powering ahead again. Next-gen technology has been one of the biggest winners.

That includes blockchain, the technology which supports bitcoin and other cryptocurrencies. With no bitcoin ETF yet in existence, blockchain ETFs have become sort of a proxy for crypto exposure, especially among those who don’t want to haggle with the process of opening up a crypto wallet and handling things themselves.

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