Vitalij Sova
Exchange traded funds related to Bitcoin mining sat at the top of the ETF performance list for January, as the highest returning fund notched gains greater than 80%.
The Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI), a small actively managed fund with $3.96M assets under management, was able to explode by 85.5% in the first month of 2023. At one point in January, the fund topped +100%, but since cooled off.
Placing WGMI’s topside move into perspective, it outpaced the…
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