These Cryptocurrencies Have Become Wall Street Favorites and Deserve a Place in Your Portfolio
There are tens of thousands of different cryptocurrencies to choose from, but from the perspective of Wall Street and institutional investors, there are only two: Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) . Of the top 20 spot cryptocurrency exchange-traded funds (ETFs), as ranked by assets under management (AUM), 12 are dedicated to Bitcoin, and six are dedicated to Ethereum. The only other cryptocurrency that makes an appearance in the top 20 is Solana (CRYPTO: SOL) , with two spot crypto ETFs. Bitcoin is by far the most dominant cryptocurrency by market cap, accounting for almost 60% of the crypto market's total value. So it's no surprise that Bitcoin ETFs lead the way in terms of how much money they have attracted from investors. Continue reading