Poonam KalraDec 28, 2021 · 3 years ago6 answers Which cryptocurrencies are recommended for hedging against the S&P 500 index futures?
I'm looking for recommendations on which cryptocurrencies can be used for hedging against the S&P 500 index futures. Can you suggest any specific cryptocurrencies that are suitable for this purpose? I would like to know which cryptocurrencies have shown a correlation with the S&P 500 index futures and can potentially provide a hedge against its movements. Additionally, it would be helpful to understand the reasons behind the recommendation and any potential risks associated with using cryptocurrencies for hedging purposes.