Crypto firms, notably miners, use leverage in their operations. Many crypto stock owners are reluctant to own digital assets directly. Crypto stocks may have excelled due to their undervaluation post-market exit following FTX's 2022 collapse and Bitcoin price drop. The re-entry of these investors as Bitcoin rallies could also be a contributing factor.
enoch2000 : NOT FOLLOWING WITH FXI
麦克斯007 OP enoch2000 : Then which index?
enoch2000 : $iShares China Large-Cap ETF (FXI.US)$