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Should I buy hack ETF?

However, though the opportunity seems truly enormous, it should not be regarded as the reason to hastily buy into HACK or any other similar ETF, be it Global X Cybersecurity ETF (BUG), First Trust Nasdaq CEA Cybersecurity ETF (CIBR), or iShares Cybersecurity and Tech ETF (IHAK), etc.

What does the hack ASX ETF invest in?

HACK tracks the performance of Nasdaq CTA Cybersecurity Index which is a global shares index that typically includes exposure to technology companies in the USA, Europe, Israel and Japan. These companies tend to be found in the defence, private, corporate and consumer security markets.

Should you invest in the BetaShares hack ETF?

The BetaShares HACK ETF could be used by investors looking for tactical exposure to the performance of the world’s largest companies operating in the cybersecurity industry, which broadly includes companies involved in building, implementing and managing security protocols for private and public networks.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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