BITW: Against My Bitcoin‑Maximalist Philosophy

Description

Summary Bitwise 10 Crypto Index Fund ETF catches my attention during the screening of new strong buy ratings. The benchmark of BITW is simple, transparent, and representative. Unfortunately, its structure seems to present itself in a less efficient way. In the long term, neither an effective hedge nor any alpha can be observed compared to holding only Bitcoin in the portfolio. This confirms my maximalist soul: I think BTC is enough to represent the crypto segment in a portfolio, and that the con...