Ninepoint launches ENRG ETF as AI and Bitcoin miners compete for power
- —ENRG trades on NYSE Arca with a 0.65% management fee and 25–50 holdings
- —About two-thirds of the fund's oil and gas producers are US-based
- —Average cash cost to mine one BTC was about $75,500 in Q2 2026
- —Canada supplied 63.4% of US crude imports and nearly 100% of imported gas in 2025
Why it matters: Rising power costs squeeze miner margins and push operators toward AI infrastructure, reshaping hash rate supply.
Source: DiarioBitcoin