Crypto ‘Altcoin Season’ Returns As Bitcoin Dominance Fades – Financial Advisor Magazine

Meanwhile, many crypto firms are seeing greater client interest for these smaller tokens, with BlockFi last weekend noting a “flip” by its retail clients toward alternative coins. When you add layer-1s that have higher beta, that’s where you have 20-30% moves in just a couple of days,” he said, referring to an underlying type of […]

Investing In Cannabis And Its High, Upside Potential – Financial Advisor Magazine

He is portfolio manager of the AdvisorShares Pure US Cannabis ETF , the largest publicly traded cannabis fund. Russ Prince: What is the opportunity for investors in the cannabis industry and how does AdvisorShares play a role in this opportunity? Dan Ahrens: I see cannabis offering a growth opportunity similar to that of the alcohol […]

AI-Driven Hedge Fund Rules Out Bitcoin For Lack Of ‘Fundamentals’

So if an asset doesn’t provide that basic parameter, “we stay away from that,” he said. The role of bitcoin in investment portfolios continues to split managers, as the world’s most popular cryptocurrency remains one of its most volatile asset classes. Meanwhile, Bank of America Corp. The hedge-fund manager has chosen 250 models it thinks […]