Ethereum Now Buys You the Greatest Amount of Direxion Shares ETF Trust - Daily S&P 500 Bear 3X Shares in the Past Year
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, Ethereum ($ETH) can buy you the
most amount of Direxion Shares ETF Trust - Daily S&P 500 Bear 3X Shares shares, in the past year. For example, if you had 1 Ethereum coin and wished to buy shares of SPXS with the proceeds, you would now be able to buy 572.05 shares of SPXS. That's versus a low amount of 152.28 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 S&P 500 Bear 3X Shares shares, relative to the performance of Ethereum; and here's how the two compare over the past year on a total return basis:
Check out our
Ethereum historical price chart and
Direxion Shares ETF Trust - Daily S&P 500 Bear 3X Shares vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the SPXS returns.
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