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Crypto Industry ETFs Topped Last Week’s Gainers
Crypto mining and other digital currency industry exchange-traded funds led last week’s ETF price gains, while the Vanguard 500 Index Fund (VOO) grabbed the biggest share of inflows and the SPDR S&P 500 ETF Trust (SPY) experienced the most outflows. Investors jumped into digital currency ETFs as bitcoin surged, jumping about 17% over the past week. The $81.2 million Valkyrie Bitcoin Miners ETF (WGMI) soared 24%, and was the week’s top performer, according to etf.com data. It was followed by a 21% gain in the $31.5 million First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT), and the VanEck ... (full story)