Jim Cramer Picks Gold Over Bitcoin for Portfolio Insurance, Calls BTC and ETH 'Vetted'
- —Cramer advised splitting new money evenly between index funds and five stocks
- —He chose gold bullion or GLD over Bitcoin as a hedge
- —Bitcoin and Ethereum were named as 'vetted' crypto assets
- —Gold and Bitcoin ETFs drew a record $7 billion in five days in August
Why it matters: Cramer's views can sway retail sentiment, though the remarks are personal opinion rather than investment advice.
Source: BeInCrypto