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South African asset management firms advise investors not to go all-in on Bitcoin funds
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ChainCatcher reported that although South African asset management company Sygnia Ltd. launched a bitcoin ETF product in June this year, the company will still discourage investors from putting all their assets into such high-risk crypto funds.
The Sygnia Life Bitcoin Plus Fund launched by the company is benchmarked against the iShares Bitcoin Trust ETF.
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