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.
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For further details see:
Bitcoin Miners In 2024: Impact Of Bitcoin ETFs And Halving