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Which one is more popular among cryptocurrency traders, VIXY or VXX?

Oh MartensAug 20, 2024 · 10 months ago3 answers

Among cryptocurrency traders, which exchange-traded fund (ETF) is more popular, VIXY or VXX? I'm curious to know which one has gained more traction in the cryptocurrency community and why.

3 answers

  • farukh nazifMay 22, 2025 · 23 days ago
    As a cryptocurrency trader, I can tell you that VIXY is more popular among us. It offers exposure to the volatility index of the S&P 500, which is a widely followed indicator in the traditional financial markets. Many traders use VIXY to hedge their cryptocurrency positions against market volatility. Additionally, VIXY has a higher trading volume and liquidity compared to VXX, making it a preferred choice for active traders.
  • jaelMay 19, 2022 · 3 years ago
    Well, it really depends on the individual trader's preference and investment strategy. Some traders may prefer VIXY because it tracks the volatility index of the S&P 500, which is considered a reliable indicator of market sentiment. On the other hand, VXX tracks the VIX futures, which can be more volatile and unpredictable. So, it's a matter of personal choice and risk appetite.
  • Muhammad AshrafSep 27, 2024 · 9 months ago
    According to my research, VIXY is indeed more popular among cryptocurrency traders. Its popularity can be attributed to its strong performance in the past and its ability to provide exposure to the S&P 500 volatility index. Many traders find this correlation with the traditional financial markets valuable in their trading strategies. However, it's important to note that popularity can change over time, and it's always a good idea to do your own research and consider your own investment goals before making any decisions.