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ETFs That Surpassed 100% Returns in 2023
Blockchain ETFs surpass AI in returns, outpacing the Nasdaq 100's 51% rise, with notable triple-digit gains led by VanEck's DAPP
Blockchain ETFs surpass AI in returns, outpacing the Nasdaq 100's 51% rise, with notable triple-digit gains led by VanEck's DAPP
VanEck's DAPP leads with a remarkable 182.5% return in 2023, driven by top holdings including MicroStrategy, Coinbase, and Northern Data
Blockchain ETFs excel due to strong correlation with cryptocurrencies, notably seen in Bitcoin's 143% surge
DAPP shines, with BKCH and BLKC impressing at 177.8% and 134.8% gains, respectively
Investor caution is advised, as Invesco CoinShares' BCHS lags at 33%, emphasizing lower crypto correlation and a broader blockchain focus