WSJ · 2026-11-04 19:00 UTC

AI Data Center and Crypto Mining ETF Falls After Democratic Sweep

The CoinShares Bitcoin Mining and Digital Power ETF fell more than 8% Wednesday afternoon following Democratic electoral gains. The fund holds neoclouds like CoreWeave and Nebius, plus bitcoin miners with data-center operations like Core Scientific and CleanSpark. The ETF surged 72% in 2025 on an AI rally but has pulled back nearly 30% so far this year.

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