StashAway, Malaysia's leading digital investment platform, introduces Bitcoin and Ethereum ETFs on its regulated platform, aiming to provide a secure and accessible entry point for investors interested in cryptocurrencies. The launch coincides with growing institutional adoption of crypto and a positive regulatory outlook in the US, driven by President Trump's support for crypto-friendly policies.
StashAway, Malaysia's leading digital investment platform, anticipates a portion of its 50,000 clients to explore investment opportunities in its newly introduced Bitcoin and Ethereum exchange-traded funds (ETFs) offered through its regulated platform.
StashAway Malaysia country manager Wong Wai Ken stated that many investors who have been hesitant about investing in cryptocurrencies can now confidently do so through the regulated fund manager, as the platform provides a secure, safe, and easy way to invest in crypto assets. \Wong expressed optimism about the market for cryptocurrencies following the re-election of Donald Trump as US president, believing it to be positive for the development of crypto. He noted that several clients have shown interest in the long-term potential of major cryptocurrencies like Bitcoin but have been deterred by security concerns or the complexities of navigating crypto exchanges. StashAway aims to address these concerns by offering a familiar and safe way for clients to diversify their portfolios by incorporating crypto through a platform they already trust. \This launch comes at a pivotal moment in the crypto market, marked by growing institutional adoption as Bitcoin's price surpasses the US$100,000 milestone. With the newly inaugurated US presidential administration signaling support for crypto-friendly regulations, investors have shown renewed interest in this emerging asset class. Wong acknowledged that despite the growing acceptance of cryptocurrencies by mainstream and institutional investors, many individuals remain cautious due to the complexities involved, such as the risk of losing funds if a private key for their crypto wallet is compromised. Crypto exchanges often have intricate fee structures, including trading fees, withdrawal fees, and gas fees that can fluctuate unpredictably. However, positive studies have shown that a small allocation to Bitcoin in a diversified portfolio can enhance long-term returns without necessarily increasing volatility. Over the long term, a 5% allocation to Bitcoin in a traditional 60/40 portfolio can potentially elevate returns while improving the risk-to-reward ratio. \To facilitate investors in managing their crypto exposure more easily and securely, StashAway is integrating Bitcoin and Ethereum ETFs into its Flexible Portfolios. This existing feature allows clients to customize their portfolios from over 70 ETFs across various asset classes. With the addition, investors can create diversified portfolios that encompass both crypto and traditional assets such as equities, bonds, and gold. In line with StashAway's fee structure, Flexible Portfolios offer a transparent and simple annual management fee ranging from 0.2% to 0.8%, with no lock-in period or minimum investment requirement. For portfolios containing only a single ETF, the management fee is a flat 0.3% per year. The crypto ETFs available in Flexible Portfolios – Fidelity Wise Origin Bitcoin Fund and Fidelity Ethereum Fund – carry an annual expense ratio of 0.25%
CRYPTOCURRENCY Etfs STASHAWAY INVESTMENTS DIGITAL ASSETS REGULATION TRUMP US MARKET
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