Although the crypto universe continues to fly higher, with Ethereum in particular roaring to new highs practically every day……….
…….the equities which have tied their fates to crypto are, strangely, not playing along. For example, the two below, MicroStrategy and Riot Blockchain:
I also consider Tesla to be very much tethered to crypto, since it has made a big investment in Bitcoin and Elon is always shouting about Dogecoin.
And, wherever Tesla Goes, ARKK is bound to follow.