These two crypto funds may be compelling ways to bet on a Trump election win
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 18 2024
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Source: MarketWatch
Crypto Funds and Trump’s Election: Grayscale Investments’ Digital Large Cap Fund and Bitwise Asset Management’s Bitwise 10 Crypto Index Fund are seen as potential investment opportunities linked to Donald Trump's upcoming presidential election bid, according to Fundstrat.
Grayscale ETF Application: NYSE Arca has submitted an application to the SEC to convert Grayscale's closed-ended Digital Large Cap Fund into an exchange-traded fund (ETF).
Analyst Views on BITW
Wall Street analysts forecast BITW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BITW is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 60.610
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
