This paper sets out to explore the hedging capabilities of bitcoin by applying the asymmetric GARCH methodology used in … investigation of gold. The results show that bitcoin can clearly be used as a hedge against stocks in the Financial Times Stock … Exchange Index. Additionally bitcoin can be used as a hedge against the American dollar in the short-term. Bitcoin thereby …

Through the application of the VAR-AGARCH model to intra-day data for three cryp-tocurrencies (Bitcoin, Ethereum, and … period and the COVID-19 period. We also estimate the optimal weights, hedge ratios, and hedging effectiveness during both … sample periods. We find that the return spillovers vary across the two periods for the Bitcoin-Ethereum, Bitcoin …

The introduction of derivatives on Bitcoin enables investors to hedge risk exposures in cryptocurrencies. Because of … hedge ratio. Extensive out-of-sample tests give insights into the practice of hedging various cryptos and crypto indices …, including Bitcoin, Ethereum, Cardano, the CRIX index, and a number of crypto-portfolios in the time period Decem- ber 2017 until …