Fast Take
Valkyrie Bitcoin Miners ETF: The Yr’s Star Performer
In response to 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 belongings 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 sturdy efficiency of crypto belongings this yr, the entire prime 10 ETFs are primarily based on crypto or digital belongings. This pattern underscores the sturdy progress and investor curiosity that cryptocurrencies and digital belongings have witnessed in 2023.
Danger-On Belongings Thrive in 2023
Curiously, 50 ETFs have outperformed the favored QQQ ETF this yr. The QQQ has reported a major return of 42%, demonstrating that 2023 has been notably favorable to risk-on belongings. This knowledge factors to a broader market pattern, the place higher-risk investments generate appreciable returns, additional underlining the energy of crypto belongings within the present market situation.
The put up Valkyrie Bitcoin miners ETF leads 2023’s high-performing ETFs appeared first on CryptoSlate.
