The miners, which are highly correlated with the price of bitcoin, have seen a relentless rally this year as the price of the largest cryptocurrency more than doubled. Meanwhile, the Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF, or RIGZ, which has heavy exposure to the miners and was launched in July, has gained 47%.
Related posts
-
FBI Warns Against Using Unregistered Cryptocurrency Money Transmitting Services
The Federal Bureau of Investigation (FBI) has issued a warning about using unregistered cryptocurrency money transmitting... -
Scammers Trick Crypto Users With Faked USDT Balances, Slowmist Reports
Slowmist, teaming up with Imtoken, has exposed a new... -
Crypto market cap hovers $2.45t as Bitcoin, Solana, Ethereum, Dogecoin face downward pressure
Digital assets continue to struggle as the crypto market cap dips 1.28%. It currently hovers at...