Grayscale’s AI-focused cryptocurrency sector delivered a 54% return in September 2024, significantly outperforming the broader crypto market’s 24% gain during the same period. NEAR Protocol led the rally with a 183% increase, while VVV, WLD, and TAO posted gains of 70%, 47%, and 37% respectively. Despite this strong performance, the AI sector remains the smallest by market cap in Grayscale’s framework, valued at approximately $15 billion post-rally. Grayscale has also strengthened its positioning in this segment by rebranding its Bitcoin Miners ETF to Grayscale AI Compute ETF (GCPU).
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
