Bitcoin turned $10,000 into $870,000 in a decade where 87% of active stock funds failed to beat passive rivals
Bitcoin returned 87 times over a decade, while only 13% of actively managed US large-cap equity funds beat comparable passive funds' benchmarks through June 30, according to Morningstar data reported by The Wall Street Journal. That rate rose to 27% over the latest 12 months, and Wall Street has argued that AI-driven dispersion and higher […] The post Bitcoin turned $10,000 into $870,000 in a decade where 87% of active stock funds failed to beat passive rivals appeared first on CryptoSlate.
Key Takeaways
- Bitcoin returned 87 times over a decade, while only 13% of actively managed US large-cap equity funds beat comparable passive funds' benchmarks through June 30, according to Morningstar data reported by The Wall Street Journal.
- That rate rose to 27% over the latest 12 months, and Wall Street has argued that AI-driven dispersion and higher […] The post Bitcoin turned $10,000 into $870,000 in a decade where 87% of active stock funds failed to beat passive rivals appeared first on…
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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