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How does the SHYG ETF perform in the cryptocurrency market?

avatarMason NunezDec 18, 2021 · 3 years ago1 answers

Can you provide an overview of the performance of the SHYG ETF in the cryptocurrency market? How does it compare to other cryptocurrencies and traditional ETFs?

How does the SHYG ETF perform in the cryptocurrency market?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    As an expert in the cryptocurrency market, I can confirm that the SHYG ETF is not specifically designed for the cryptocurrency market. It primarily focuses on high yield corporate bonds. If you are looking for exposure to cryptocurrencies, there are other investment options available, such as dedicated cryptocurrency funds or directly investing in individual cryptocurrencies. However, it's important to note that investing in cryptocurrencies carries a higher level of risk compared to traditional investments.