Cardano zu kunnen said Grote drie, the portfolio strategy of volgens Morningstar, the main crypto space.

Cardano (ADA) could be one of the “big three” of major cryptocurrencies, says a leading portfolio strategist at $ 244 billion asset management giant Morningstar.

In a Business Insider report, Morningstar crypto-based strategist Amy Arnott says investors looking to tap into digital assets want to avoid sharp volatility.

 
Arnott thinks a cryptocurrency-based exchange-traded fund (ETF)-if any-would be the best way for investors to avoid excessive volatility.

“What I really want to see is a diversified crypto index fund in the form of an etf… The SEC has yet to approve an ETF in the United States, making it very difficult for large investors to access cryptocurrencies. There seems to be a lot of internal debate in the SEC about whether continuing in the same vein is a significant trend and whether many investors should have access to it, but they have to protect investors.”

Since widely recognized digital assets are the next best thing after the ETF, Arnott says Cardano could be one of the “big three” of major cryptocurrencies, along with bitcoin and Ethereum.

“Cardano is similar to Ethereum as it is a protocol with many potential technical applications … Cardano causes great enthusiasm as well as a few stable coins…

The interesting thing that has happened over the past year or so is that institutional investors are much more willing to embrace cryptocurrencies and see them as an investment asset. If this trend continues, we will see other cryptocurrencies becoming more common.”

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Disclaimer: Hodl opinions are not investment advice. Investors must do due diligence before making high-risk investments in bitcoin, C

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