What is the percentage allocation of digital currencies in the XLY ETF?

3 answers

• May 03, 2022 · 3 years ago
  The XLY ETF allocates approximately 10% of its portfolio to digital currencies. This allocation is designed to provide investors with exposure to the potential growth and diversification benefits of the digital currency market. By including digital currencies in the ETF, investors can gain access to this emerging asset class without having to directly invest in individual digital currencies.
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• May 03, 2022 · 3 years ago
  The percentage allocation of digital currencies in the XLY ETF is around 10%. This allocation is based on the ETF manager's assessment of the potential growth and risk factors associated with digital currencies. By including digital currencies in the portfolio, the XLY ETF aims to provide investors with the opportunity to participate in the performance of the digital currency market while maintaining a diversified investment approach.
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• May 03, 2022 · 3 years ago
  According to BYDFi, a leading digital currency exchange, the XLY ETF allocates approximately 10% of its portfolio to digital currencies. This allocation is based on the ETF manager's analysis of the digital currency market and aims to capture the potential upside of this emerging asset class. By including digital currencies in the ETF, investors can benefit from the growth and diversification opportunities offered by the digital currency market.
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