Athanasios Psarofagis stated the Valkyrie Bitcoin Miners ETF has grow to be one of the best performing ETF in 2023.
The fund, with $24 million underneath administration as of July 27, has returned 261% this 12 months.
A transparent testomony to the power of crypto belongings this 12 months is that the highest 10 best-performing ETFs are all based mostly on crypto or digital belongings.
This development highlights the sturdy progress and investor curiosity in cryptocurrencies and digital belongings in 2023.
Notably, 50 ETFs have outperformed the ever-popular QQQ ETF this 12 months. The QQQ reported a return of as much as 42%, suggesting that 2023 can be significantly favorable for threat belongings.
This knowledge is indicative of a broader market development that high-risk investments generate stable returns, additional underscoring the dominance of crypto belongings within the present market state of affairs.
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