Bitcoin Rally Could Benefit Members of Some Chip ETFs
June 04, 2019 at 11:41 AM EDT
After being drubbed in May, semiconductor stocks and the related exchange traded funds, including the VanEck Vectors Semiconductor ETF (NYSEArca: SMH), could use some relief this month. That relief could materialize if bitcoin continues surging. U.S. semiconductors were among the hardest hit in the...