| bibtype |
J -
Journal Article
|
| ARLID |
0583788 |
| utime |
20240402215315.9 |
| mtime |
20240307235959.9 |
| SCOPUS |
85142004250 |
| WOS |
000899867100025 |
| DOI |
10.1016/j.frl.2022.103436 |
| title
(primary) (eng) |
Safe havens for Bitcoin |
| specification |
| page_count |
6 s. |
| media_type |
P |
|
| serial |
| ARLID |
cav_un_epca*0361997 |
| ISSN |
1544-6123 |
| title
|
Finance Research Letters |
| volume_id |
51 |
| publisher |
|
|
| keyword |
Cryptoassets |
| keyword |
Bitcoin |
| keyword |
Safe haven |
| keyword |
Gold |
| author
(primary) |
| ARLID |
cav_un_auth*0301859 |
| name1 |
Nedvěd |
| name2 |
M. |
| country |
CZ |
|
| author
|
| ARLID |
cav_un_auth*0256902 |
| name1 |
Krištoufek |
| name2 |
Ladislav |
| institution |
UTIA-B |
| full_dept (cz) |
Ekonometrie |
| full_dept |
Department of Econometrics |
| department (cz) |
E |
| department |
E |
| full_dept |
Department of Econometrics |
| country |
CZ |
| garant |
A |
| fullinstit |
Ústav teorie informace a automatizace AV ČR, v. v. i. |
|
| source |
|
| source |
|
| cas_special |
| project |
| project_id |
GA20-17295S |
| agency |
GA ČR |
| ARLID |
cav_un_auth*0397556 |
|
| abstract
(eng) |
We examine whether gold, crude oil, and stock markets could serve as safe havens for Bitcoin. As an investor into cryptoassets faces high risk when holding for longer periods and might be interested in diversifying and hedging outside of cryptoassets, these traditional assets might be of interest. We find that Bitcoin moves together with the stock markets but oil and gold can serve as safe havens. Specifically gold is identified as a strong safe haven for Bitcoin. In addition, we describe the evolution of the stocks–Bitcoin nexus which unveils in the safe haven discussion. Our results aim to lay foundations for further discussions into the topic of safe havens for cryptoassets as these are becoming increasingly standard part of investors’ portfolios, being it institutional or retail, and thus protection against their extreme movements and diversifications of their risk will play an important role in the investors’ decision making. |
| result_subspec |
WOS |
| RIV |
AH |
| FORD0 |
50000 |
| FORD1 |
50200 |
| FORD2 |
50206 |
| reportyear |
2024 |
| num_of_auth |
2 |
| inst_support |
RVO:67985556 |
| permalink |
https://hdl.handle.net/11104/0352121 |
| confidential |
S |
| article_num |
103436 |
| mrcbC91 |
C |
| mrcbT16-e |
BUSINESSFINANCE |
| mrcbT16-j |
1.201 |
| mrcbT16-D |
Q2 |
| arlyear |
2023 |
| mrcbU14 |
85142004250 SCOPUS |
| mrcbU24 |
PUBMED |
| mrcbU34 |
000899867100025 WOS |
| mrcbU63 |
cav_un_epca*0361997 Finance Research Letters 1544-6123 1544-6131 Roč. 51 č. 1 2023 Elsevier PRINT |
|