Using US Stock Sectors to Diversify, Hedge, and Provide Safe Havens for NFT Coins

This paper explores risk management strategies for investments in Nonfungible Token (NFT) coins through their diversification within the S&P 500 industry sectors. Given the significant decline in NFT coin values in 2022, understanding these strategies is critical for investors. This study focuse...

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Bibliographic Details
Main Authors: Perry Sadorsky, Irene Henriques
Format: Article
Language:English
Published: MDPI AG 2023-06-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/11/7/119