The market-cap-weighted fund is 75% Bitcoin and 13% Ethereum, with the remaining allocations across other cryptos.
Markets buffeted by coronavirus fears were thrown into tumult Monday by the potential of a full-blown oil-price war.
Fears that China has failed to contain the spread of the virus is spurring caution.
The yield from high yield emerging market debt in U.S. dollars has spiked.
Bitcoin held most of Monday’s 13% surge as after a delay by regulators to approve a Bitcoin ETF.
As the SEC held off on approving a bitcoin ETF proposed by Van Eck, the cryptocurrency held its value.
The crypto universe's total market value grew to almost $250 billion on Tuesday morning.
The world’s most-followed cryptocurrency has surged more than 50 percent in 2019.
Bitcoin is in the middle of a sustained recovery, says Fundstrat technical strategist Robert Sluymer.
The digital currency is back at a level last seen on Christmas Eve.
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