Asia’s first Smart Bitcoin ETF investment portfolio is launching today in response to the growing demand from investors to diversify their portfolios with exposure to the world’s premier cryptocurrency.
Aqumon, a Hong Kong-based digital wealth management platform, has introduced SmartGlobalX (SGX), which claims to be the first Smart Bitcoin portfolio in Asia that is tailored to investors who want diversified, risk-adjusted exposure to Bitcoin assets.
As traditional investors look to diversify their portfolios, the popularity of low correlated cryptocurrencies like Bitcoin has surged and is expected to be a driving force in markets for years to come. Over the past year, the world witnessed first-hand the limits of traditional portfolio investment diversification in the face of an economic downturn caused by the Covid-19 pandemic.
