Bitcoin Miners' AI-Pivot ETF Falls 31% in Rout

Bitcoin Miners' AI-Pivot ETF Falls 31% in Rout

The Bitcoin Mining and Digital Power ETF fell 31% during a market rout hitting bitcoin miners that have pivoted to AI data centers, the Wall Street Journal reported Nov. 3, 2026. The fund carries two bets: bitcoin prices, which still drive most mining revenue, and AI infrastructure spending, which decides whether data center leases become working capacity.

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