Valkyrie Bitcoin Miners ETF (WGMI) is the best performing US equity fund of 2023

01/29 13:28

According to Business 2 Community, the Valkyrie Bitcoin Miners exchange-traded fund (ETF) has been categorized as the best-performing fund of 2023. In January alone, this ETF has reported an over 100% gain, which is 25% higher than the second-best performing asset among US equity funds. The WGMI fund comprises some of the largest mining companies such as Bitfarms, Digihost Technology, Hive Blockchain Technologies, Marathon Digital Holdings, and Riot Platforms. Since the beginning of the year, these mining companies have reported notable gains amid a recovery across the broader cryptocurrency market. WGMI is not the only crypto fund that has made significant gains this year. Other funds such as the Bitwise Crypto Industry Innovators ETF (BITQ), the Global X Blockchain ETF (BKCH), the VanEck Digital Assets Mining ETF (DAM), and the VanEck Digital Transformation ETF (DAPP) have posted significant rallies and are up by around 60%.

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