DAM News and Press, VanEck Digital Assets Mining ETF From 02/16/23

Summary The crypto rebound has driven an even larger rebound among digital assets equities, strengthening the case that digital assets equities represent a leveraged bet on digital assets. All of the top 10 non-leveraged ETFs year-to-date are Bitcoin or blockchain related. The new y...

Summary Bitcoin’s 30-day volatility plunged below that of the S&P 500 Index’s in early January, as both buyers and sellers looked elsewhere amidst declining liquidity. The lack of a Bitcoin spot ETF serves as a powerful symbol from U.S. regulators that the asset is not...

Summary The bitcoin hash rate measures the computational power of the bitcoin blockchain and is a proxy for how much bitcoin mining is being done. As bitcoin mining declines in a region, the correlation between bitcoin and local stock markets subsides as well. The United States and ...

Summary Crypto prices were in the high $60,000 range in 4Q21 and have seen pressure throughout most of 2022, averaging just under $30,000 for the year. In the crypto mining space, several other factors contributed to the rally. Much like the relationship of gold mining companies to the ...

Summary Much of Wall Street will be taking off this week. It will be a week filled with lots of economic readings. There will be no earnings and no Fed speak. By Ed Moya US Thin trading conditions could persist as much of Wall Street will be taking off th...

Summary The bump in the terminal rate to 5.1%, as per the consensus dot plots in the last FOMC meeting, was not accompanied by a similar sell-off in the Fed funds futures that would reflect a higher terminal Fed funds rate being priced in. The ECB and the BOE also talk the same game pla...

VanEck announced today the following 2022 annual distributions per share for its VanEck ® equity exchange-traded funds. The majority, and possibly all, of the dividend distributions will be paid out of net investment income earned by the Funds. A portion of these distributions may co...

We got stopped out on several Block stock trades, and the stock has been lower every time we have been bullish. It has been an absolute disaster on our track record. Despite how awfully wrong we were in the near term, there is a lot of potential in Block stock. Stock has been ...

One of the more profitable approaches to cryptocurrencies is to invest in the private seed round of a start-up seeking token financing. The crypto market hit a rough patch over the last few months. Since the average investor cannot participate in every token sale, however, the mea...

Crypto enthusiasts often claim that digital coins and tokens are uncorrelated with equities and can provide a safe haven amid stock market crashes. Based on our data, crypto certainly does not act like digital gold. In times of panic, the correlation between crypto and the stock marke...