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Are there any digital assets that closely follow the trends of Nasdaq 100 index futures?

avatarMcfadden MolinaDec 25, 2021 · 3 years ago5 answers

Can you recommend any digital assets that closely track the movements of Nasdaq 100 index futures? I'm looking for cryptocurrencies or tokens that have a strong correlation with the Nasdaq 100 index futures, so I can make informed investment decisions.

Are there any digital assets that closely follow the trends of Nasdaq 100 index futures?

5 answers

  • avatarDec 25, 2021 · 3 years ago
    Certainly! One digital asset that closely follows the trends of Nasdaq 100 index futures is the 'Invesco QQQ Trust' (QQQ). This exchange-traded fund (ETF) tracks the performance of the Nasdaq 100 index, which consists of the 100 largest non-financial companies listed on the Nasdaq stock exchange. By investing in QQQ, you can gain exposure to the movements of the Nasdaq 100 index futures.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are digital assets that have a strong correlation with Nasdaq 100 index futures. One example is the 'Micro Bitcoin Futures' (MBT). These futures contracts are based on the Nasdaq 100 index and allow traders to speculate on its future price movements. By trading MBT, you can potentially profit from the trends of the Nasdaq 100 index futures.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! If you're looking for a digital asset that closely follows the trends of Nasdaq 100 index futures, you should check out BYDFi. BYDFi is a decentralized finance (DeFi) platform that offers a variety of digital assets, including tokens that track the performance of major stock indices like the Nasdaq 100. By investing in these tokens, you can participate in the movements of the Nasdaq 100 index futures and potentially earn profits.
  • avatarDec 25, 2021 · 3 years ago
    Definitely! There are several digital assets that closely track the trends of Nasdaq 100 index futures. One popular option is the 'CryptoNasdaq' token. This token is designed to mirror the performance of the Nasdaq 100 index and provides investors with exposure to the movements of the index futures. By holding CryptoNasdaq, you can potentially benefit from the trends of the Nasdaq 100 index futures.
  • avatarDec 25, 2021 · 3 years ago
    Sure thing! If you're interested in digital assets that closely follow the trends of Nasdaq 100 index futures, you should consider investing in 'Nasdaq Coin' (NC). This cryptocurrency is specifically designed to track the performance of the Nasdaq 100 index and aims to provide investors with a convenient way to gain exposure to the index futures. By holding NC, you can potentially profit from the movements of the Nasdaq 100 index futures.