Bitcoin mining ETF from ValkyrieFunds starts trading tomorrow after Nasdaq approval. Aoyon_A reports.
The Valkyrie Bitcoin Miners ETF will invest at least 80% of its net assets in companies that derive a minimum of 50% of their profit from bitcoin mining.
The fund’s top five holdings are Argo Blockchain , Bitfarms , Cleanspark , Hive Blockchain , and Stronghold Digital Mining . Names in the next five holdings include Marathon Digital , Bit Digital , and Digihost Technology .in the fund’s portfolio use about 77% renewable energy vs. average renewable energy usage throughout the U.S. of 31%.
The fund comes with an expense ratio of 0.75%, and is expected to start trading on Tuesday, according to Valkyrie’s spokesperson.
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