The Evolution of Crypto:
From Novelty to an Asset Class
The Rise of Crypto Assets
When Bitcoin emerged in 2008, it only had the support of a handful of enthusiasts. But its steady march toward legitimacy paved the way for further development of blockchain technology and the birth of numerous other cryptocurrencies. With more widespread acceptance and adoption, cryptocurrencies have proven to be more than a passing trend. They are now a legitimate asset class within certain investment portfolios.
Crypto assets may not be an appropriate or prudent diversifier for all portfolios. From bitcoin to ether, digital currencies as a whole are complex and unpredictable, exhibit extreme price volatility and can become illiquid at any time. They should be viewed as highly speculative and may result in an entire loss of investment, so please consult your own financial advisor, lawyer, accountant or other advisor before making any financial decision.
While the demand is evident, many investors, particularly institutional ones, face difficulties in successfully accessing the product and bridging the gap between the underlying decentralized online blockchain technology and traditional investment structures.
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The RWM WisdomTree Crypto Index seeks to provide broad and diversified exposure to crypto assets (sometimes referred to as cryptocurrencies or crypto) , spanning layer-1 networks (e.g. payment systems, smart contract platforms), layer-2 protocols, oracle networks, crypto indexing services, decentralized finance (DeFi) and the metaverse.