Athanasios Psarofagis said the Valkyrie BitcoinMiners ETF has become the best performing ETF in 2023.
The fund, with $24 million under management as of July 27, has returned 261% this year.
A clear testament to the strength of crypto assets this year is that the top 10 best-performing ETFs are all based on crypto or digital assets.
This trend highlights the strong growth and investor interest in cryptocurrencies and digital assets in 2023.
Notably, 50 ETFs have outperformed the ever-popular QQQ ETF this year. The QQQ reported a return of up to 42%, suggesting that 2023 will be particularly favorable for risk assets.
This data is indicative of a broader market trend that high-risk investments generate solid returns, further underscoring the dominance of crypto assets in the current market scenario.