Cryptocurrency ETFs dominated the 2023’s top ETFs performance. The best performing ETF (excluding leveraged and inverse funds) was Valkyrie Bitcoin Miners ETF with a monster YTD returns of 371.19% through Dec. 30 according to Bloomberg.
Despite facing regulatory headwinds and shaky sentiment, crypto ETFs partially rebounded from the pounding they took in 2022. The price of bitcoin currently trades around $42,040 as of Dec 30, up significantly from the low of $16,000 reached in November of 2022. However, that still leaves the cryptocurrency well below its $68,000 high from November 2021.
In addition to Valkyrie Bitcoin Miners ETF , a few other crypto ETFs that are among this year’s ten best performers are the VanEck Vectors Digital Transformation ETF , AdvisorShares Sabretooth ETF , Invesco Alerian Galaxy Crypto Economy ETF , Bitwise Crypto Innovators ETF , etc.
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