Cryptocurrency adoption has been penetrating the mainstream at an exponential rate. While most investors are going straight into buying the likes of Bitcoin (BTC) and Ether (ETH), a few skeptical investors want to invest in the cryptocurrency economy without exposure to tokens’ volatility directly.
This volatility is evident in the recent all-time high Bitcoin of around $61,700 reached on March 14, before dropping to trading in the $56,000 range and then rising to around $59,000 at the time of publication. Bitcoin’s market capitalization has now surpassed that of Visa and Mastercard combined.
For the overly cautious investors, JPMorgan recently announced its Cryptocurrency Exposure Basket, or CEB, a debt instrument portfolio consisting of 11 stocks. These stocks are either companies that hold Bitcoin as a treasury asset or companies in industries complementary to the cryptocurrency industry.
