Crypto Closures

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Thematic ETFs, including those focused on digital assets and crypto-mining operations, have been among the casualties of the changing market environment in 2022. At least two crypto-focused funds, including the Volt Crypto Industry Revolution and Tech ETF and the Viridi Bitcoin Miners ETF, have been shuttered. Additionally, the VanEck Digital Assets Mining ETF has also been approved for liquidation.

ETF Newz Says:

“After weak markets in 2022, many asset managers have reassessed their product lineups,” said Todd Rosenbluth, head of research at ETF data-provider and research consultant VettaFi.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

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