VanEck Digital Assets Mining ETF (DAM)

NASDAQ: DAM · IEX Real-Time Price · USD
11.39
-0.12 (-1.01%)
Feb 6, 2023, 11:09 AM EST - Market open
-1.01%
Assets $1.15M
Expense Ratio 0.50%
PE Ratio 4.04
Shares Out 100,000
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return n/a
Volume 1,977
Open 11.22
Previous Close 11.51
Day's Range 11.22 - 11.39
52-Week Low 5.47
52-Week High 46.05
Beta 4.43
Holdings 22
Inception Date Mar 7, 2022

About DAM

The VanEck Digital Assets Mining ETF (DAM) is an exchange-traded fund that is based on the MVIS Global Digital Assets Mining index. The fund tracks a tiered market cap-weighted index of global digital companies with diverse exposure to the crypto asset mining industry. DAM was launched on Mar 7, 2022 and is managed by VanEck.

Asset Class Equity
Category Digital Assets
Region Global
Stock Exchange NASDAQ
Ticker Symbol DAM
Issuer Website VanEck
Index Tracked MVIS Global Digital Assets Mining

Top 10 Holdings

73.75% of assets
Name Symbol Weight
Hut 8 Mining Corp HUT.TO 9.43%
Riot Blockchain, Inc. RIOT 9.17%
HIVE Blockchain Technologies Ltd HIVE.V 8.96%
CleanSpark, Inc. CLSK 8.26%
Canaan Inc. CAN 7.16%
Marathon Digital Holdings, Inc. MARA 7.05%
Cipher Mining Inc. CIFR 6.40%
Bit Digital, Inc. BTBT 5.88%
Bitfarms Ltd BITF.TO 5.87%
Applied Blockchain, Inc. APLD 5.56%
View More Holdings

News

5 Technology ETFs Sizzling at the Start of 2023

The technology sector had its best January in decades driven by the bets that the Fed might slow down the rate hike plan.

Other symbols: BITQBKCHDAPPWGMI
4 days ago - Zacks Investment Research

Best ETF Areas of January Up At Least 25%

Wall Street was superbly upbeat in 2023. Cryptocurrency, internet, tin, online retail and meme stocks emerged as winning ETF areas in the month.

Other symbols: ARKWEBIZMEMEONLNWGMI
6 days ago - Zacks Investment Research

Regulatory Climate Forcing Firms to Reconsider Crypto IPOs

Crypto prices are rebounding to start 2023, perhaps giving rise to a thaw in the crypto winters, but there's still a corner of the market that's ice cold: Initial public offerings (IPOs) by companies ...

1 week ago - ETF Trends

Crypto Miners Dig Themselves Out of 2022 Rut

Out of the entire ETF universe, the best performing ETFs YTD so far are crypto ETFs—more specifically crypto miners following weak performance in late 2022. The Valkyrie Bitcoin Miners ETF (WGMI) topp...

2 weeks ago - ETF Trends

Crypto Winter Starting to Thaw?

Last year's crypto winter was a harsh one for the world of digital assets, with the FTX affair the cherry on top. Bitcoin almost reached $48,000 per coin at its highest point last spring before careen...

Other symbols: DAPPSATOWGMI
2 weeks ago - ETF Trends

Best ETF Areas of Last Week

Wall Street was pretty upbeat last week due to cooling inflation.

Other symbols: ARKGMEMEPBWWGMI
2 weeks ago - Zacks Investment Research

Cyptocurrency ETFs Won in Nasdaq's Best Week Since November

Bitcoin prices jumped last week and gained on Saturday around $21, 000 for first time in over two months.

Other symbols: BITQBKCHDAPPWGMI
3 weeks ago - Zacks Investment Research

5 Tech ETFs Riding High on Sectors' Comeback to Start 2023

The technology-heavy Nasdaq Composite Index rallied 2.6% in the initial days of the year, outperforming the other major indices.

Other symbols: BITQBKCHDAPPWGMI
3 weeks ago - Zacks Investment Research

Bitcoin Mining Stocks Could Start 2023 Rough Before Rebounding

This is sentiment that wary bitcoin and crypto-correlated equity investors probably don't want to hear but definitely need to.

1 month ago - ETF Trends

VanEck Announces Yearend Distributions for VanEck Equity ETFs

NEW YORK--(BUSINESS WIRE)--VanEck announced today the following 2022 annual distributions per share for its VanEck® equity exchange-traded funds.

1 month ago - Business Wire

Bitcoin Nadir May Be In, Says Research Firm

A research firm noted in a report out last Friday that the 2023 bottom for bitcoin may already be in. If that forecast proves accurate, it'd be welcome news to crypto bulls everywhere.

Other symbols: DAPP
2 months ago - ETF Trends

VanEck's Crypto Year in Review and 2023 Outlook

In a year of outsized challenges for almost every asset class, crypto assets took some of the largest hits in 2022, and VanEck had plenty to say about it.

Other symbols: DAPPXBTF
2 months ago - ETF Trends

Fed Pivot Could Bolster DAM and DAPP

As has been widely documented, the U.S. dollar is likely to wrap up 2022 as one of the best-performing major currencies, thanks to the Federal Reserve's six interest rate hikes for the extended run of...

Other symbols: DAPP
2 months ago - ETF Trends

Maybe a Brazilian Boost for XBTF

Bitcoin prices tumbled this year, but an expanding usage case for the largest cryptocurrency remains a credible catalyst.

Other symbols: XBTF
2 months ago - ETF Trends

For Bitcoin Miners, Profitability Is a Priority

To be sure, plenty of bitcoin miners aren't yet profitable, and this year's slump by the largest digital currency is weighing on efforts by these companies to shed their money-losing ways.

3 months ago - ETF Trends

Institutional Case for Bitcoin, Crypto Still in Place

During prior bitcoin bull markets, it was often said that institutional adoption of digital assets was a likely factor. With the largest cryptocurrency and its brethren faltering this year, some marke...

Other symbols: XBTFDAPP
4 months ago - ETF Trends

Bitcoin Miners Have Plenty of Motivation to Embrace Renewable Energy

Broadly speaking, the universe of publicly traded bitcoin miners is chock full of relatively young companies. This implies that growing pains are to be expected and opportunities to get things right a...

4 months ago - ETF Trends

Bitcoin Star Could Be Reborn in 2023

Bitcoin is enduring a walloping in 2022, making the all-time high of $69,000 notched less than a year ago seem an eternity away. However, some market observers believe the largest cryptocurrency can r...

Other symbols: XBTFDAPP
4 months ago - ETF Trends

California Opts Against Potentially Punitive Crypto Bill

Stablecoin controversy coupled with erosion in some dubious cryptocurrencies are among the factors prompting increasing regulatory scrutiny of digital assets in 2022 and are perhaps among the reasons ...

Other symbols: DAPP
4 months ago - ETF Trends

Nasdaq Digital Assets Foray Could Be Long-Term Plus for Asset Class

The recently completed Ethereum merger hasn't yet been an upside catalyst, and with another Federal Reserve rate hike on the way, the near-term outlook for digital currencies could be volatile.

Other symbols: DAPP
4 months ago - ETF Trends

ESG Pressure on Bitcoin Miners Could Benefit Investors

Like any other industry, bitcoin mining isn't free of risk or potential controversy. In fact, despite its relative youth, the bitcoin mining industry has already encountered controversy at the hands o...

5 months ago - ETF Trends

Big Name Throws Weight Behind Crypto Evolution

One way for cryptocurrency to gain more credibility as an investable asset class is for more well-known investors and asset management firms to get involved in the space.

Other symbols: DAPPXBTF
6 months ago - ETF Trends

End Could Be Near for Bitcoin Miners Bear Market

Though still needing to more than double to reclaim its all-time high, bitcoin posted a strong showing in July, providing some relief to weary crypto investors. That bullishness, albeit modest, provid...

6 months ago - ETF Trends

Bitcoin Miners Boost Consumption of Clean Energy

Among the most frequently mentioned criticisms of bitcoin mining is that it is an energy-intensive industry with potentially negative environmental implications. In this day and age of investing, poor...

6 months ago - ETF Trends

5 ETFs Up in Double-Digits Post Fed's Fourth Rate Hike

Wall Street rallied on Wednesday following the Fed's fourth consecutive rate hike decision. The tech-heavy Nasdaq Composite Index had its biggest one-day percentage gain in more than two years.

Other symbols: BKCHDAPPIBLC
6 months ago - Zacks Investment Research