Comparing Bitcoin Versus ProShares Trust - Ultra Energy Reveals New Low
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, Bitcoin ($BTC) can buy you the
most amount of ProShares Trust - Ultra Energy shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of DIG with the proceeds, you would now be able to buy 2175.49 shares of DIG. That's versus a low amount of 1022.00 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 ProShares Trust - Ultra Energy 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
ProShares Trust - Ultra Energy vs Crypto pages for additional charts.
Note that any stock splits and/or dividends are included when we calculate the DIG returns.
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CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!