The miners’ stocks, which are highly correlated with the price of bitcoin, have seen a relentless rally this year as the price of the largest cryptocurrency more than doubled. Meanwhile, the Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF, or RIGZ, which has heavy exposure to the miners and was launched in July, has gained 47%.
Bitcoin Returns to $61K Ahead of September CPI Report
The minutes from the September Fed meeting, released Wednesday, showed policymakers were divided on how aggressive the central bank should...