Herding Unmasked: Insights into Cryptocurrencies, Stocks and US ETFs

Herding behavior has become a familiar phenomenon to investors, with potential dangers of both undervaluing and overvaluing assets, while also threatening market stability. This study contributes to the literature on herding behavior by using a recent dataset, covering the most impactful events of recent years. To our knowledge, this is the first study examining herding behavior across three different types of investment vehicle and also the first study observing herding at a community (subset) ...