The rebound in crypto ETFs has largely been attributed to signs that inflation might have peaked. Find out more.
Advertisement 4“These were some of, if not the, worst-performing ETFs in 2022, so they can bounce back sharply, in part, because bitcoin and other cryptos themselves have bounced back,” said Todd Rosenbluth, head of research at VettaFi LLC.Lamont at Morningstar said, “This is why people invest in crypto. For many of the investors who invest in crypto, it’s effectively high-stakes gambling. It’s high risk and potentially high reward.
Its largest holdings are cryptocurrency miners Bitfarms Ltd., Marathon Digital Holdings Inc. and Digihost Technology Inc., whose share prices have surged by between 148 and 279 per cent since the start of January.Article content
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