Portfolio risk of cryptocurrency inclusion: a comparison among conventional cryptocurrencies and asset-backed cryptocurrencies
Portfolio risk of cryptocurrency inclusion: a comparison among conventional cryptocurrencies and asset-backed cryptocurrencies
Afzol Husain,K. Yii,C. Fung,Richard Busulwa
2025 · DOI: 10.1007/s40822-025-00320-3
Eurasian Economic Review · 4 Citations
TLDR
It is revealed that USD-backed cryptocurrencies significantly reduce risk, in contrast to the risk amplification observed in gold-backed cryptocurrencies, particularly Islamic gold-backed assets, with conventional cryptocurrencies generally outperforming asset-backed ones in reducing portfolio risks.
