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TechFlow, Sept. 23 — According to Bloomberg, South African asset management firm Sygnia Ltd. will continue to discourage investors from allocating their entire portfolios into high-risk crypto funds such as its bitcoin ETF, despite launching the product in June this year. The company's Sygnia Life Bitcoin Plus fund is benchmarked against the iShares Bitcoin Trust ETF.
According to Bloomberg, South African asset management firm Sygnia Ltd. will continue to discourage investors from allocating their entire portfolios to such high-risk crypto funds, despite launching a bitcoin ETF product in June this year. The company's Sygnia Life Bitcoin Plus fund tracks the iShares Bitcoin Trust ETF.
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