The New Trend: Investors Flee From Crypto to AI

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The crypto ETFs are not doing too well for the past year. The fall of some leading players like Tierra/Luna and FTX hurt investors greatly, and the potential criminal fraud investigation is even more alarming. And now, with the rise of ChatGPT, you can clearly see that crypto is no longer ETFs’ favorite new baby; the money is moving to the AI world. Investors are piling into shares of graphics chip maker Nvidia, Microsoft, Google, and other stocks that they think stand to be...