Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares Now the Least Expensive vs. BNB This Year
By CryptocurrenciesChannel Staff, 10/1/2022
Here at CryptocurrenciesChannel.com
, we find it interesting to track various ETF and stock prices versus various digital assets over time.
We noticed that as of 10/1/2022, BNB ($BNB) can buy you the most
amount of Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares shares, in the past year. For example, if you had 1 BNB coin and wished to buy shares of SPXL with the proceeds, you would now be able to buy 5.29 shares of SPXL. That's versus a low amount of 2.91 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:
The main driver of the above bar chart has, of course, been the performance of Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares shares, relative to the performance of BNB; and here's how the two compare over the past year on a total return basis:
Check out our BNB historical price chart
and Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares vs Crypto
pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the SPXL returns.
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