What are thematic exchange-traded funds?
Could you elaborate on the concept of thematic exchange-traded funds, or thematic ETFs, in the realm of cryptocurrency and finance? These funds have garnered significant interest in recent years, yet their nuances may be unfamiliar to many investors. Are they simply diversified portfolios focused on a particular theme, such as blockchain technology or decentralized finance? Or do they involve a more nuanced approach to investing in the crypto space? Understanding the intricacies of thematic ETFs could help investors navigate this rapidly evolving market more effectively.