Buying Power of Cardano vs. Spdr Bloomberg 3-12 Month T-bill Etf at New 52-Week Low
By CryptocurrenciesChannel Staff, 9/16/2023

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 9/16/2023, Cardano ($ADA) can buy you the least amount of Spdr Bloomberg 3-12 Month T-bill Etf shares, in the past year. For example, if you had 100 Cardano coins and wished to buy shares of BILS with the proceeds, you would only be able to buy 0.25 share of BILS. That's versus a high amount of 0.49 share 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 Spdr Bloomberg 3-12 Month T-bill Etf shares, relative to the performance of Cardano; and here's how the two compare over the past year on a total return basis:



Check out our Cardano historical price chart and Spdr Bloomberg 3-12 Month T-bill Etf vs Crypto pages for additional charts. Note that any stock splits and/or dividends are included when we calculate the BILS returns.

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