Crypto mining and blockchain ETFs are the best-performing ETFs today

At the mid-point of trading in Monday’s session, market participants can see the rising moves in the cryptocurrency space with bitcoin (BTC-USD) and ethereum (ETH-USD) gaining ground. So far on the day, bitcoin is +12.27%, and ethereum is +10.02%.
Certain ETFs have reaped the reward with bitcoin popping back over the $40,000 level and ethereum over the $2,500 marker. So far, on the day, the top three performing exchange traded funds all have links to the crypto space. (NYSEARCA:BITQ), (NASDAQ:DAPP), and (NYSEARCA:BLOK) are each up on the day 10.52%, +8.69%, and +5.79% respectively.
These ETFs, which provide investors exposure to organizations involved in the developing, mining, and utilization of cryptocurrencies, have all benefited.
The volatile crypto space is seeing positive moves on the day as Elon Musk recently announced that Tesla would accept bitcoin as payment once clean energy usage is confirmed.
Furthermore, Paul Tudor Jones says he’s ready to go all-in on the inflation trade.