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Is Bitcoin the new gold?

There is a way for retail investors to enter the market of cryptocurrencies. Extreme care should be taken, though. Most of us probably know somebody who has bought Bitcoin and burnt their fingers in the process. Just think of the local MTI scam that was recently crowned as the biggest crypto swindle in the world. Cryptocurrencies are digital or virtual currencies that are secured through cryptographics, which makes it almost impossible to counterfeit. These currencies are based on blockchain technology running on decentralised computer networks. Elon Musk’s Tesla recently announced that the company has invested $1.5bn in Bitcoin and that it would now accept the

Blockchain ETFs: 1 To Buy, 1 To Avoid

Blockchain ETFs: 1 To Buy, 1 To Avoid
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A Blockchain ETF to Capture Growth Beyond Crypto

February 25, 2021 Blockchain technology can add value to your exchange traded fund portfolio and do more than just track cryptocurrencies. In the recent webcast, Beyond Bitcoin: How Blockchain is Transforming the Investment Industry, Bill Belden, President, Amplify ETFs, highlighted the growth potential of blockchain technology. For instance, worldwide spending on blockchain solutions in 2019 was $2.9 billion with only 29% of companies in the consumer products & manufacturing industry currently using the technology. Looking ahead, Belden projected that the size of the global blockchain market could grow from $3 billion in 2020 to $39.7 billion by 2025, a compound annual growth rate of 67.3%. This growth will be driven by three main sources, including venture funding, enterprise investment in blockchain technology, and the rise of blockchain solutions for supply chain management. Additionally, we will see greater geographic expansion into emerging markets and the potential growt

Beyond Bitcoin: How Blockchain is Transforming the Investment Industry

Beyond Bitcoin: How Blockchain is Transforming the Investment Industry February 23, 2021 The rapid rise of Bitcoin has generated fierce debate concerning the long-term viability of investing in cryptocurrencies. While rapidly evolving blockchain technology can provide a discrete digital ledger to track transactions, many advisors remain concerned with the regulation and volatility of cryptocurrency products. In the upcoming webcast, Beyond Bitcoin: How Blockchain is Transforming the Investment Industry, Bill Belden, President, Amplify ETFs; and Michael Venuto, Portfolio Manager, BLOK ETF, Toroso Investments, will explain how blockchain technology can add value to your portfolio, and do more than just track cryptocurrencies. Specifically, the

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