"Most of the bitcoin price decline has to do with several over-leveraged and now bankrupt companies like Celsius and Voyager. The risk-off environment has removed a lot of speculative trading. I am bullish long-term on bitcoin, but it is still a risky and volatile product in an investor's portfolio," says Noah Hamman. The AdvisorShares Managed Bitcoin Strategy ETF (CRYP) can tactically reduce or increase the portfolio's bitcoin exposure, but does not directly invest in bitcoin.
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