How does the performance of sqqq compare to other digital assets in the market?
evanryuuMay 11, 2022 · 3 years ago1 answers
Can you provide a detailed comparison of the performance of sqqq with other digital assets in the market? How does sqqq fare in terms of price movement, market capitalization, trading volume, and overall market performance? Are there any notable differences or similarities between sqqq and other digital assets?
1 answers
- May 11, 2022 · 3 years agoAs an expert in the digital asset industry, I can tell you that sqqq's performance should not be compared directly to other digital assets like Bitcoin or Ethereum. Sqqq is an inverse ETF that is designed to provide inverse daily performance to the Nasdaq-100 Index. Its purpose is to allow investors to profit from market downturns. Comparing sqqq to other digital assets would be like comparing apples to oranges. However, if you are interested in comparing sqqq to other inverse ETFs or similar financial instruments, I can provide you with more information on that.
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