How does VXXB stock perform compared to other digital assets?
Conley FaganMay 11, 2022 · 3 years ago1 answers
Can you provide a detailed comparison of the performance of VXXB stock with other digital assets? How does it fare in terms of price movement, volatility, and market capitalization?
1 answers
- May 11, 2022 · 3 years agoVXXB stock, being an ETN, is not directly comparable to other digital assets like Bitcoin or Ethereum. While Bitcoin and Ethereum are decentralized cryptocurrencies, VXXB stock is an exchange-traded note that tracks the performance of the S&P 500 VIX Short-Term Futures Index. The performance of VXXB stock is influenced by market volatility and can be quite different from the price movements of digital assets. It's important to understand the unique characteristics of VXXB stock and its intended purpose before making any investment decisions.
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