PANews reported on September 23rd that South African asset management company Sygnia Ltd. will discourage investors from investing all their assets in the high-risk Sygnia Life Bitcoin Plus fund, according to Bloomberg. The fund is benchmarked against the iShares Bitcoin Trust ETF , which has recently seen an 82% annual increase in Bitcoin. Sygnia recommends that investors allocate no more than 5% of their assets to such crypto funds, emphasizing that Bitcoin's high volatility can lead to significant asset losses in extreme market conditions. The company plans to launch additional crypto ETFs on the Johannesburg Stock Exchange once regulatory approval is met.PANews reported on September 23rd that South African asset management company Sygnia Ltd. will discourage investors from investing all their assets in the high-risk Sygnia Life Bitcoin Plus fund, according to Bloomberg. The fund is benchmarked against the iShares Bitcoin Trust ETF , which has recently seen an 82% annual increase in Bitcoin. Sygnia recommends that investors allocate no more than 5% of their assets to such crypto funds, emphasizing that Bitcoin's high volatility can lead to significant asset losses in extreme market conditions. The company plans to launch additional crypto ETFs on the Johannesburg Stock Exchange once regulatory approval is met.
South African asset management company Sygnia warns investors against investing all their money in Bitcoin funds
PANews reported on September 23rd that South African asset management company Sygnia Ltd. will discourage investors from investing all their assets in the high-risk Sygnia Life Bitcoin Plus fund, according to Bloomberg. The fund is benchmarked against the iShares Bitcoin Trust ETF , which has recently seen an 82% annual increase in Bitcoin. Sygnia recommends that investors allocate no more than 5% of their assets to such crypto funds, emphasizing that Bitcoin's high volatility can lead to significant asset losses in extreme market conditions. The company plans to launch additional crypto ETFs on the Johannesburg Stock Exchange once regulatory approval is met.
Market Opportunity
Moonveil Price(MORE)
$0.001988
$0.001988$0.001988
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
A whale traded ETH and made another $1.13 million, bringing its total profit to $76.05 million.
PANews reported on September 20th that according to on-chain analyst Yu Jin, [a whale/institution that has already profited $76.05 million through ETH swing trading] has made another $1.13 million in profits. The whale bought 18,000 ETH at $4,487 the day before yesterday, sold 10,000 ETH at $4,600 yesterday, and bought another 16,569 ETH ($74.29 million) at $4,484 early this morning. This series of operations has resulted in another $1.13 million in profits, bringing the total profit to $76.05 million.
Share
PANews2025/09/20 08:45
Sonami Token Ön Satışı S Staking Ödülleriyle Başladı, Solana Katman-2 Ağ Vizyonunu Güçlendiriyor
Sonami ($SNMI), Sonami Token ön satışının başlatıldığını duyurarak, destekçilerine Solana ekosisteminde performansı, kullanılabilirliği ve likiditeyi genişletmek
Share
Coinstats2026/01/21 21:50
XRP Price Forecast as Binance Lists Ripples’s $RLUSD Stablecoin
The post XRP Price Forecast as Binance Lists Ripples’s $RLUSD Stablecoin appeared on BitcoinEthereumNews.com. XRP price continues to operate within a market structure
Share
BitcoinEthereumNews2026/01/21 22:38