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    Diksha D Jadhav in Crypto News

    30-Dec-2022 12:14 PM


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    Two crypto-related ETFs were the worst-performing in Australia for 2022

    Cryptocurrency-related exchange-traded funds (ETFs) have taken the two top spots for the worst-performing ETFs in Australia for the year, with the same story playing out in the United States.
    BetaShares launched its ETF on the Australian Securities Exchange (ASX) in October 2021, mere weeks before most cryptocurrencies hit all-time highs that they’re yet to regain.
    This however excludes inverse and leveraged funds.
    DAPP and BITQ gave investors a YTD negative return of nearly 86% and 84.5% respectively while CRPT was down nearly 81.5% over the same time.
    Over the past year, U.S. bonds, stocks, and even real estate have recorded their worst-performing year in decades, and in some cases, centuries.
    Source: Cointelegraph