ABU DHABI, Dec 9 (Reuters) - Markets roiled by geopolitical tensions and diverging interest rates present money-making opportunities for the coming year, the heads of hedge funds Man ​Group and Brevan Howard and the Abu Dhabi Investment Council's chief investor said on ‌Tuesday. U.S. President Donald Trump's return to the White House and an erratic trade policy have whipsawed world markets this ‌year, just as investors try to assess the direction of major central banks such as the U.S. Federal Reserve and ...

Core Insights - The CoinShares Valkyrie Bitcoin Miners ETF (WGMI) offers a way for investors interested in bitcoin to gain exposure without direct investment in cryptocurrencies, focusing on bitcoin mining companies [1][3][5] Investment Strategy - WGMI targets companies that derive at least 50% of their profits or revenue from bitcoin mining, including those providing hardware, software, and specialized chips for mining [5] - The fund aims to provide lower correlation opportunities within equities while benefiting from the growing demand for bitcoin [1][3] Market Context - As traditional equities face challenges and bond yields rise, alternatives like bitcoin are becoming more attractive, with institutional demand and macroeconomic volatility supporting the bitcoin economy [2] - Bitcoin prices have increased amidst a backdrop of tariff uncertainty affecting broad equity indexes [2] Diversification Potential - WGMI offers diversification across various exposures, making it suitable for investors looking to expand their equity portfolios while harnessing bitcoin demand without direct exposure [3][4] - The fund may complement broader blockchain ETFs or serve as a focused allocation for those diversifying away from traditional financial or technology-heavy portfolios [4] Management and Performance - The fund is managed by a team of experts in both cryptocurrencies and finance, leveraging their knowledge of the bitcoin mining industry's technical, operational, and commercial aspects [7] - WGMI has a lower correlation to bitcoin compared to some peers, influenced by unique fundamentals such as energy costs and block rewards [6]