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Crypto ETFs Have Bounced Back. But Don’t Get Too Excited

wsj 3 min read . Updated: 08 Apr 2023, 04:46 PM IST The Wall Street Journal
There are now 26 cryptocurrency ETFs that hold about $1.89 billion in assets, according to Morningstar Direct. (File Photo: Reuters)Premium
There are now 26 cryptocurrency ETFs that hold about $1.89 billion in assets, according to Morningstar Direct. (File Photo: Reuters)

  • Cryptocurrency ETFs are the top-performing class in the ETF universe. That likely speaks more to how far they fell than where they are going.

Cryptocurrency ETFs have produced strong returns so far this year, making them the top-performing class in the exchange-traded-fund universe in 2023.