Fast Take
Valkyrie Bitcoin Miners ETF: The Yr’s Star Performer
Based on Athanasios Psarofagis, the Valkyrie Bitcoin Miners ETF has distinguished itself because the top-performing ETF of 2023. As of July 27 information, the fund has a staggering $24 million in property underneath administration and has yielded a formidable return of 261% this yr.
Crypto ETFs: A Rising Power in 2023
In an evident testomony to the robust efficiency of crypto property this yr, the entire high 10 ETFs are primarily based on crypto or digital property. This development underscores the sturdy progress and investor curiosity that cryptocurrencies and digital property have witnessed in 2023.
Threat-On Belongings Thrive in 2023
Apparently, 50 ETFs have outperformed the favored QQQ ETF this yr. The QQQ has reported a big return of 42%, demonstrating that 2023 has been significantly favorable to risk-on property. This information factors to a broader market development, the place higher-risk investments generate appreciable returns, additional underlining the energy of crypto property within the present market state of affairs.
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