WGMI News and Press, Valkyrie Bitcoin Miners ETF From 04/06/23

2023-04-06 01:22:42 ET Summary Interview with a 14-year blockchain veteran and FinTech CEO to better understand where we are and where we are going in blockchain development. Deep dive discussion and explanation of the recent blockchain technology advancements that are making paym...

2023-03-30 09:41:59 ET Crypto and blockchain focused exchange traded funds look to top the first quarter leaderboard as the segment proved to provide investors with the best returns amongst all other ETFs on the market excluding leveraged and inverse funds. Supporting the ...

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 Some investors may not see a space for thematic investing in their portfolio, but thematic ETFs can serve in a variety of different roles within a portfolio. Thematic investing is based on long-term megatrends rooted in shifts in consumer preferences, regulatory changes, or inno...

Exchange traded funds related to Bitcoin mining sat at the top of the ETF performance list for January, as the highest returning fund notched gains greater than 80% . The Valkyrie Bitcoin Miners ETF ( NASDAQ: WGMI ), a small actively managed fund with $3.96M assets under mana...

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 ...

In the early weeks of 2023, one Bitcoin mining exchange traded fund has taken advantage of the rebound in the crypto market to surge more than 100% since the close of last year. The Valkyrie Bitcoin Miners ETF ( NASDAQ: WGMI ) is showing a 102.9% year-to-date return, helped by a ...

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...