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My Complete Crypto Portfolio REVEALED!! ?? - 2024 StrategyCrypto allocations can diversify fund managers' exposure to uncommon sources of risk in traditional �balanced� equity vs bond portfolios. This paper shows that inclusion of cryptocurrency in a portfolio increases the return as well as volatility, as the risk-adjusted return does. Spot bitcoin ETFs make it easy to add the cryptocurrency to a 60/40 portfolio, but there's a chance it can turn your portfolio upside down.