Bitcoin Miners Could Be Emerging AI Plays
August 23, 2023 at 08:28 AM EDT
Shares of bitcoin miners are, not surprisingly, highly correlated to spot bitcoin prices. With that trait in mind, it’s expected that these stocks ebb and flow with the largest cryptocurrency. For the stocks and exchange traded funds such as the Invesco Alerian Galaxy Crypto Economy ETF (SATO), those correlations are double-edged swords. They’re great when [...] The post Bitcoin Miners Could Be Emerging AI Plays appeared first on ETF Trends .
