Buying Power of BNB vs. Direxion Daily Standard and Poors 500 Bear 1X Shares at New 52-Week High
By CryptocurrenciesChannel Staff, 11/29/2024

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 11/29/2024, BNB ($BNB) can buy you the most amount of Direxion Daily Standard and Poors 500 Bear 1X Shares shares, in the past year. For example, if you had 1 BNB coin and wished to buy shares of SPDN with the proceeds, you would now be able to buy 60.45 shares of SPDN. That's versus a low amount of 16.30 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 Daily Standard and Poors 500 Bear 1X 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 Daily Standard and Poors 500 Bear 1X Shares vs Crypto pages for additional charts. Note that any stock splits and/or dividends are included when we calculate the SPDN returns.

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