Viridi Bitcoin Miners ETF
RIGZ
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Jul 19, 2021
- CIK
- 0001592900
- Similar Companies
- Business
- Viridi Bitcoin Miners ETF (RIGZ) is an actively managed exchange-traded fund that primarily invests at least 80% of its net assets in securities of bitcoin mining companies and related semiconductor firms, with a focus on those utilizing clean energy sources; this includes equity securities of bitcoin miners that validate transactions on proof-of-work networks, hosted mining service providers, manufacturers of cryptocurrency mining rigs and specialized computer chips, and semiconductor companies producing chips used in bitcoin mining hardware. The fund targets growth and value stocks across diversified market capitalizations in global developed markets, including U.S. and non-U.S. equities via depositary receipts, and may invest in initial public offerings, SPAC-derived stocks, or reverse merger securities, typically holding 15-30 companies with a portfolio weighted toward bitcoin miners screened for environmental sustainability criteria such as renewable energy usage and carbon offsets. RIGZ operates within the cryptocurrency mining and infrastructure industry, serving investors seeking indirect exposure to bitcoin through regulated equity investments rather than direct cryptocurrency holdings. A series of the EA Series Trust, formed on July 20, 2021, and domiciled in the United States, the fund was launched through Empowered Funds, LLC (dba EA Advisers) with Viridi Funds serving as sub-adviser; it lists and trades on the NYSE Arca exchange and remains active as indicated by current pricing data and trading activity. In late 2022, the fund underwent a significant operational change with an approved liquidation and delisting announcement by the EA Series Trust Board, ceasing trading on January 4, 2023, due to challenging macroeconomic conditions impacting performance; however, RIGZ has since resumed trading and shows recent market activity, including a quoted price of $3.75 and reported 1-year return of 85.84%. Earlier milestones included reaching $10 million in assets under management in October 2021 shortly after launch, supported by backers such as CoinShares, Alameda Ventures, Luxor Technology, and Fundamental Labs. No further recent partnerships, acquisitions, funding rounds, or new product launches specific to the ETF are reported in the last 1-2 years.