Unexpected Investor Loyalty in Crypto ETFs
Joseph Chalom, co-CEO of Sharplink Gaming and a former BlackRock executive, has expressed surprise regarding the strong holding patterns of investors in Bitcoin and Ethereum exchange-traded funds (ETFs).
Having served as BlackRock’s digital assets strategy chief, Chalom observed investor behavior more than a year after the launch of these crypto-backed financial products.
A New Kind of Investor?
Chalom, with two decades of experience at a firm managing over $10 trillion in assets and navigating numerous market cycles, noted that the surprising element wasn’t the significant capital inflows or extensive media coverage. Instead, it was the persistent commitment shown by investors once they had allocated funds to these crypto ETFs.
This observation points to a potentially distinct holding strategy among those investing in digital asset ETFs, contrasting with typical investor behaviors in other asset classes.
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