From Nasdaq:

The First Trust SkyBridge Crypto Industry & Digital Economy ETF, CRPT, surged 61% in February, making it the top-performing ETF of the month. Key stocks in its portfolio that gained over 50% include CleanSpark, Marathon Digital Holdings, Coinbase Global, Iris Energy, and Robinhood Financial LLC.

Bitcoin’s price reached $63,968 in February, surging 13% for its biggest monthly gain since December 2020. MicroStrategy purchased an additional 3,000 bitcoins for $155.4 million, owning a total of 193,000 bitcoins worth $10 billion.

The introduction of spot Bitcoin ETFs has driven growth in the cryptocurrency market, attracting over $6 billion since trading began in January. The upcoming halving event, decreasing Bitcoin’s supply growth, has strengthened positive sentiment in the market.

CRPT offers exposure to companies driving cryptocurrency-related innovation. The ETF holds 30 stocks in its basket, with significant exposure to top firms charging 85 bps in fees per year from investors. It has amassed $43.6 million in assets and trades with an average daily volume of 70,000 shares.



Read more at Nasdaq: Cryptocurrency ETF Tops in February: 5 Best Stocks