Investors are still waiting on a Bitcoin ETF. There is an alternative with a new actively managed clean energy crypto mining ETF launched this week. The Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF (NYSE:RIGZ) gives investors exposure to companies mining cryptocurrency and the mining infrastructure industry. A growing number of investors are keen to gain exposure to the cryptocurrency sector through regulated investment vehicles, but also want to see active leadership and commitment to environmental sustainability.
Companies held in the ETF are producers of semiconductors or chips used for mining, manufacturers of cryptocurrency mining hardware and companies that mine. The ETF will not invest directly in cryptocurrencies but will have indirect exposure to Bitcoin, Ethereum and others due to the assets being held on some balance sheets.
The ETF began trading last week and has the following holdings as of July 21. The fund is actively managed, meaning the holdings can change on a daily basis, instead of a quarterly rebalance, which is common among ETFs.
Marathon Digital Holdings (NASDAQ:MARA): 10.8% of assets
Bitfarms (NASDAQ:BITF): 9.4%
Hut 8 Mining (NASDAQ:HUT): 9.4%
Samsung Electronic: 7.6%
NVIDIA Corporation (NASDAQ:NVDA): 6.2%
DMG Blockchain Solutions (OTC:DMGGF): 4.4%
Riot Blockchain (NASDAQ:RIOT): 4.4%
Hive Blockchain Technologies (NASDAQ:HVBT): 4.4%
Cleanspark (NASDAQ:CLSK): 4.4%
Advanced Micro Devices (NASDAQ:AMD): 4.3%
Argo Blockchain (OTC:ARBKF): 4.2%
Taiwan Semiconductor (NASDAQ:TSM): 4.2%
Sven Franssen