Buying Power of Bitcoin vs. Direxion Shares ETF Trust - Daily Small Cap Bear 3X Shares 2021 at New 52-Week High
By CryptocurrenciesChannel Staff, 11/26/2024
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 11/26/2024, Bitcoin ($BTC) can buy you the
most amount of Direxion Shares ETF Trust - Daily Small Cap Bear 3X Shares 2021 shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of TZA with the proceeds, you would now be able to buy 9447.57 shares of TZA. That's versus a low amount of 1255.21 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 - Daily Small Cap Bear 3X Shares 2021 shares, relative to the performance of Bitcoin; and here's how the two compare over the past year on a total return basis:
Check out our
Bitcoin historical price chart and
Direxion Shares ETF Trust - Daily Small Cap Bear 3X Shares 2021 vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the TZA returns.
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CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!