Karan Sood, CEO & Managing Director, Head of Product Development at Cboe Vest and Taylor Krystkowiak, Vice President of Product Management at Cboe Vest discuss Bitcoin allocation considerations for advisors and strategies to help manage volatility.
As one of the top performing asset classes of the decade, advisors today are increasingly seeking suitable ways to access Bitcoin and other related cryptocurrencies for their clients. While crypto continues to evolve, there are still challenges associated with the complexity of the exchanges, wallets, keys, security of the storage as well as the volatility of the asset class in general. While the Bitcoin trusts, such as Grayscale Bitcoin Trust (GBTC) and Osprey Bitcoin Trust (OBTC), aim to solve many of these challenges, they still come with some shortcomings like poor track-ability and lack of access to the primary offering.
To learn more on this topic, register and watch Cboe Vest’s webcast: The Case for Bitcoin in a Mutual Fund. In this webinar, we examine the case for Bitcoin Futures, with a managed volatility strategy, in a mutual fund. The discussion will include how the strategy:
- Manages volatility to a level comparable to that of other assets.
- Offers a greater level of security and competitive pricing relative to pure Bitcoin.
- Potentially avoids some of the issues seen in Bitcoin trusts.