PANews reported on November 16th, citing Cointelegraph, that Will Peck, Head of Digital Assets at WisdomTree, predicts that ETFs holding diversified cryptocurrency portfolios will fill a significant gap in the market in the coming years, "which looks set to be one of the next waves of investment." Peck explained that while many new investors now understand the concept of Bitcoin, they often struggle to judge the value of "the next 20 assets." A diversified cryptocurrency portfolio allows them access to the space while mitigating the "specific risks" of investing in a single token.