The Digital Infrastructure & Connectivity ETF market faced a -1.78% performance dip on June 15th, 2023. This market, which comprises 145 ETFs and has a total worth of 10 Bn EUR, witnessed varying daily returns from some of its ETFs. The Rize Digital Payments Economy UCITS ETF (PMNT) and Helveteq Bitcoin Zero ETP (BTCO2) exhibited positive daily returns of 0.46% and 0.08%, respectively. Meanwhile, the 21Shares Binance Coin ETP (ABNB) and VanEck Chainlink ETN (VLNK) faced negative daily returns of -5.76% and -2.37%, respectively.
The movements of these ETFs were driven by the performances of key companies in the market such as SHOPIFY SUBORDINATE VOTING ORD SHS CLASS A (SHOP), which faced a daily return dip of -0.47%, and REMITLY GLOBAL ORD SHS (RELY), that achieved a daily return of 0.21%. On the other hand, FISERV ORD (FISV) and NETWORK INTERNATIONAL HOLDINGS PLC ORD (NETW) saw positive daily returns of 0.29% and 0.31%, respectively, and gained 4.39% and 5.73% over a week. These fluctuations indicate the market’s sensitivity to the performance of individual ETFs and companies.
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