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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 knowledge, the fund has a staggering $24 million in property beneath administration and has yielded a formidable return of 261% this 12 months.
Crypto ETFs: A Rising Pressure in 2023
In an evident testomony to the robust efficiency of crypto property this 12 months, the entire prime 10 ETFs are primarily based on crypto or digital property. This pattern underscores the sturdy development and investor curiosity that cryptocurrencies and digital property have witnessed in 2023.
Threat-On Property Thrive in 2023
Curiously, 50 ETFs have outperformed the favored QQQ ETF this 12 months. The QQQ has reported a big return of 42%, demonstrating that 2023 has been significantly favorable to risk-on property. This knowledge factors to a broader market pattern, the place higher-risk investments generate appreciable returns, additional underlining the power of crypto property within the present market state of affairs.
The submit Valkyrie Bitcoin miners ETF leads 2023’s high-performing ETFs appeared first on CryptoSlate.
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