Historically, the price of Bitcoin has exhibited a notable correlation with the performance of the tech-heavy Nasdaq 100 stock index.

Source: https://247wallst.com/investing/2023/09/22/4-crypto-stocks-to-watch-as-fed-keeps-interest-rates-intact/

In line with the tech-heavy exposure, the fund's equity beta is relatively high at 1.12, so it should outperform in a cyclical upswing (and vice versa).

Source: https://seekingalpha.com/article/4590991-ewn-2023-is-shaping-up-to-be-a-much-better-year-for-dutch-equities?source=feed_all_articles

July was the fifth straight month of gains for the S&P 500 and the tech-heavy Nasdaq Composite, driven by better-than-expected earnings and hopes of a soft landing for the U.S. economy.

Source: https://business.inquirer.net/413756/wall-street-ends-down-investors-step-back-after-fitch-us-rating-cut

On Wednesday, The Dow Jones Industrial Average ended the day 0.22% lower at 34,440.88, while the tech-heavy NASDAQ was down 1.53% at 13,469.13.

Source: https://www.benzinga.com/markets/equities/23/09/34775918/tradeup-fedex-marathon-digital-enovix-tesla-why-these-5-stocks-are-on-investors-radars-today

The benchmark S&P 500 and tech-heavy Nasdaq took a breather in the previous session as investors entered a seasonally slow August.

Source: https://gazette.com/news/us-world/wall-st-falls-after-fitch-downgrades-top-tier-us-rating/article_2a3589b5-150b-547f-b25c-dc66f4f1c6bc.html

The S&P 500 Index fell 0.3%, while the tech-heavy Nasdaq 100 Index lost 170 points or 1.1% for the day.

Source: https://www.benzinga.com/analyst-ratings/analyst-color/23/06/32943128/us-stocks-poised-for-nervous-start-as-fed-chair-powell-heads-to-capitol-hill

The tech-heavy gauge has risen for four consecutive weeks, its longest streak of weekly gains since August last year.

Source: https://www.datacenterknowledge.com/hardware/amd-set-dominate-data-center-chip-industry-2023-bloomberg

The tech-heavy Nasdaq Composite rose 117.44 points, or 1%, to 11787.40.

Source: https://www.marketscreener.com/news/latest/Indian-Morning-Briefing-Asian-Markets-Broadly-Lower-Amid-Cautious-Sentiment--43326012/?utm_medium=RSS&utm_content=20230323

The US market ended the overnight session in green – Dow Jones Industrial Average (DJIA) rose 0.14%, S&P 500 was up 0.30% and the tech-heavy Nasdaq climbed 0.66%.

Source: https://www.financialexpress.com/market/share-market-outlook-today-nifty-bank-nifty-may-rise-amid-favourable-global-cues-check-support-resistance/3089202/