I don’t seem to be alone in noticing the large increase in attention towards the crypto space of late and the feeling that I’m late to the party is very much there. That said, the more work I do the more it feels like this has real legs and Bitcoin et al have a place in the portfolio. There's no doubt crypto is becoming a mainstream product, allowing both retail and ever more so institutional accounts the ability to diversify and reduce portfolio variance. The lack of any significant correlation to a major equity benchmark or government bond market is therefore key. Those looking more short-term see 20-day realised ... (full story)