Forums

View all topics
Back to CompTIA
1

Crypto Future Is Bright in Developing Economies

  • 4 mths ago

With emerging markets stocks and cryptocurrencies both trading lower this year, it’d be easy for investors to criticize both asset classes.

After all, some of the reasons these assets are faltering in 2022 are the same, but heaping amounts of criticism applied to bitcoin, other digital currencies, and emerging markets equities belies an under-appreciated opportunity: The future potency of crypto and emerging markets coming together.

As investors well know, there are plenty of emerging markets exchange traded funds on the market today, but not many are constructed in such a way as to adequately address crypto-related opportunities. The Next Frontier Internet & Ecommerce ETF (FMQQ) is and the proof is in the pudding.

“A 2021 crypto adoption index published by industry watchdog Chainalysis ranks Vietnam, India, and Pakistan as the top three, followed by Ukraine, Kenya, Nigeria, and Venezuela. Nineteen of the top 20 countries are in the developing world. The exception is the U.S. at No. 8,” reported Craig Mellow for Barron’s.

Continue reading: https://www.nasdaq.com/articles/crypto-future-is-bright-in-developing-economies

Reply Oldest first
  • Oldest first
  • Newest first
  • Active threads
  • Popular
Like1 Follow
  • 1 Likes
  • 4 mths agoLast active
  • 1Views
  • 1 Following
Powered by Forumbee

Forums

View all topics