Buying Power of XRP vs. SPDR Series Trust - NYSE Technology ETF at New 52-Week Low
By CryptocurrenciesChannel Staff, 6/16/2024
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 6/16/2024, XRP ($XRP) can buy you the
least amount of SPDR Series Trust - NYSE Technology ETF shares, in the past year. For example, if you had 100 XRP coins and wished to buy shares of XNTK with the proceeds, you would only be able to buy 0.25 share of XNTK. That's versus a high amount of 0.57 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 Series Trust - NYSE Technology ETF shares, relative to the performance of XRP; and here's how the two compare over the past year on a total return basis:
Check out our
XRP historical price chart and
SPDR Series Trust - NYSE Technology ETF vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the XNTK returns.
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