Welcome to our dedicated page for Viridi Bitcoin Miners ETF news (Ticker: RIGZ), a resource for investors and traders seeking the latest updates and insights on Viridi Bitcoin Miners ETF stock.
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The Board of Trustees of EA Series Trust has approved the liquidation of the Viridi Bitcoin Miners ETF (RIGZ) following a recommendation from Empowered Funds. This decision was influenced by a challenging macroeconomic environment affecting the ETF's performance. RIGZ will cease trading on January 4, 2023, and there will be no purchase orders accepted after this date. Shareholders may sell their holdings prior to this date, but liquidity may be limited during the liquidation period until January 11, 2023. Cash distributions will be made to shareholders based on the net asset value of their shares.
Viridi Funds announced that the Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF (NYSE: RIGZ) has surpassed $10 million in Assets Under Management (AUM) within two months of its launch in July 2021. The Fund has seen a significant price increase of 45.16% since inception. To support its growth, Cameron Collins has been appointed as an Investment Analyst, bringing extensive experience to the team. The Fund focuses on clean energy in crypto mining, backed by reputable investors in the crypto sector.
On July 20, 2021, Viridi Funds launched the Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF (NYSE: RIGZ), aimed at environmentally conscious investors. The ETF focuses on companies involved in cryptocurrency mining, semiconductor production, and the infrastructure supporting these sectors. Investing indirectly in Bitcoin and Ethereum, RIGZ seeks to promote sustainable practices in the crypto mining industry, where over 50% of North American operations utilize renewable energy. With a commitment to aligning profit with purpose, the fund targets responsible investment in an evolving market.
