South African asset management firms advise investors not to go all-in on Bitcoin funds
ChainCatcher reported that although South African asset management company Sygnia Ltd. launched a bitcoin ETF product in June this year, the company will still discourage investors from putting all their assets into such high-risk crypto funds.
The Sygnia Life Bitcoin Plus Fund launched by the company is benchmarked against the iShares Bitcoin Trust ETF.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A whale holding $3.5 million in assets swapped 50,000 KTA for 320,000 EDEL.
Bitget TradFi section enters public beta, allowing trading of gold, forex, and other assets within the same account
Smart money wyzq.eth sold all RAVE for a profit of over $100,000, with a return rate of 83%
Octra Labs co-founder: ICO will not be canceled, but all unsold tokens will be removed from circulation
