Exchange traded funds covering blockchain, cryptocurrencies and miners marked the first quarter of 2023.
More than half (13) of the top 20 high-performing ETFs in the United States, according to the data cryptocurrency invests in the field.
Valkyrie, a crypto investment product offering bitcoin CONL funds, which have longed miner ETF and Coinbase shares with leverage, took the third place in the list with 135% return. The exchange traded funds VanEck Digital Asset Mining (DAM) and DAPP rose 100% to become the 6th and 8th funds with the highest earnings.
A natural gas fund, codenamed KOLD, took the first place in the list of the most valued exchange traded funds, with a return of 148%. In the same time frame, the S&P 500 index rose only 7.5%.
Traditional Investors Prefer ETFs
An analyst at Swan Bitcoin, a financial service provider for digital assets, noted that mainstream investors are showing great interest in ETFs.
“As exchange-traded funds comply with current regulations, citizens investing in BES can take risks and turn to crypto ETFs.”
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