Which iShares energy ETFs are recommended for those interested in the digital currency market?
Demi JoanaSep 16, 2024 · 10 months ago1 answers
For those who are interested in the digital currency market, which iShares energy ETFs would you recommend? I'm looking for ETFs that can provide exposure to the energy sector while also aligning with the potential growth of the digital currency market. Can you suggest any specific iShares energy ETFs that would be suitable for this purpose?
1 answers
- JustTryingToLearnJul 23, 2020 · 5 years agoWhen it comes to the digital currency market and the energy sector, there are a few iShares energy ETFs that you might want to consider. One option is the iShares Global Clean Energy ETF (ICLN), which focuses on renewable energy companies. While it doesn't directly invest in digital currencies, the growth of the digital currency market could have a positive impact on the renewable energy sector. Another option is the iShares U.S. Energy ETF (IYE), which provides exposure to the U.S. energy sector. While it doesn't specifically target the digital currency market, it could benefit from increased energy consumption associated with digital currency mining. These ETFs offer a way to potentially capitalize on both the energy sector and the digital currency market.
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