I think it should be up to investors to decide what they want to invest their money into. I understand what crypto is probably more than any of the law makers (unfortunately). Having crypto exposure in my retirement fund is key to my investment strategy. Funds such as BITO are complementing my investments, not hurting them. By restricting crypto trading you are leaving the hole US market at a disadvantage compared to other countries. Crypto has solidified as an alternative asset class, it's time to realize that Bitcoin, Etherium, Cardano and a handful of other cryptos are not going anywhere. Time to embrace it!
Stan Godsky Comment On Regulatory Notice 22-08
I think it should be up to investors to decide what they want to invest their money into. I understand what crypto is probably more than any of the law makers (unfortunately). Having crypto exposure in my retirement fund is key to my investment strategy. Funds such as BITO are complementing my investments, not hurting them. By restricting crypto trading you are leaving the hole US market at a disadvantage compared to other countries. Crypto has solidified as an alternative asset class, it's time to realize that Bitcoin, Etherium, Cardano and a handful of other cryptos are not going anywhere. Time to embrace it!