Direxion Shares ETF Trust - Daily Energy Bull 2X Shares vs. Bitcoin: Price Relationship Crosses Threshold
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 Direxion Shares ETF Trust - Daily Energy Bull 2X Shares shares, in the past year. For example, if you had 1 Bitcoin coin and wished to buy shares of ERX with the proceeds, you would now be able to buy 1408.57 shares of ERX. That's versus a low amount of 661.98 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:

Direxion Shares ETF Trust - Daily Energy Bull 2X Shares Shares In Bitcoin

The main driver of the above bar chart has, of course, been the performance of Direxion Shares ETF Trust - Daily Energy Bull 2X Shares shares, relative to the performance of Bitcoin; and here's how the two compare over the past year on a total return basis:

ERX Returns Vs. Bitcoin

Check out our Bitcoin historical price chart and Direxion Shares ETF Trust - Daily Energy Bull 2X Shares vs Crypto pages for additional charts. Note that any stock splits and/or dividends are included when we calculate the ERX returns.

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