Abstract
Given public concerns about the negative consequences of environmental consequences of cryptocurrencies, along with their volatilities, we investigate connectedness between cryptocurrency environmental attention (ICEA), cryptocurrency policy uncertainty (UCRY Policy), cryptocurrency price uncertainty (UCRY Price), and crypto-mining stocks. We identify an increase in connectedness over time, indicating that the crypto mining stocks are particularly vulnerable to rising concerns about the environment, prices, and policies surrounding the cryptocurrency market. ICEA and UCRY Policy are net return transmitters for crypto mining stocks. Findings provide implications to global investors and policymakers regarding portfolio management and market stability.
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