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DAPP - Bitcoin Miners In 2024: Impact Of Bitcoin ETFs And Halving
VanEck Vectors¿ Digital Transformation E
2024-01-26 22:42:00 ET
Summary
DAPP is a passive product that tracks the MVIS Global Digital Assets Equity Index. The index targets the 25 largest, most liquid companies in the industry that drive 50% or more of their revenue from said industry.
The recent launch of multiple spot bitcoin ETFs has brought a dual effect to the asset.
Historically, there has been a strong correlation between the price of bitcoin and the valuations of bitcoin mining companies.