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REX Financial CEO: ETF issuers must carefully choose, most cryptocurrencies quite unreliable
Summary: According to Cointelegraph, REX Financial CEO Greg King stated that issuers of cryptocurrency exchange-traded funds (ETFs) must carefully choose which cryptocurrencies to expose in their funds, as most cryptocurrencies are quite unreliable. Greg King, in an interview with Bloomberg's 'ETF IQ' on Monday, stated that cryptocurrencies outside the top ten are quite unreliable, especially those ...
According to Cointelegraph, REX Financial CEO Greg King stated that issuers of cryptocurrency exchange-traded funds (ETFs) must carefully choose which cryptocurrencies to expose in their funds, as most cryptocurrencies are quite unreliable.
Greg King, in an interview with Bloomberg's 'ETF IQ' on Monday, stated that cryptocurrencies outside the top ten are quite unreliable, especially those outside the top twenty. Issuers need to make strict selections when choosing assets. He also mentioned that he believes applications for various cryptocurrency ETFs will not experience explosive growth, but expects many funds for each type of coin.
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Link: REX Financial CEO: ETF issuers must carefully choose, most cryptocurrencies quite unreliable [Copy]
