Long, Huaigang; Demir, Ender; Bedowska-Sojka, Barbara; … - 2022
cryptocurrency exposure to changes in the geopolitical risk index and document that coins with the lowest geopolitical beta …We examine the role of geopolitical risk in the cross-sectional pricing of cryptocurrencies. We calculate … outperform those with high geopolitical beta. Our findings suggest that risk-averse investors require additional compensation as …