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Which cryptocurrencies are most affected by changes in VIX futures contract specs?

avatarPappas AvilaDec 26, 2021 · 3 years ago1 answers

How do changes in VIX futures contract specifications impact different cryptocurrencies?

Which cryptocurrencies are most affected by changes in VIX futures contract specs?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we believe that changes in VIX futures contract specs can have a significant impact on certain cryptocurrencies. Our research has shown that cryptocurrencies with a higher correlation to traditional financial markets, such as Ripple and Litecoin, tend to be more affected by changes in VIX futures contract specs. This is because these cryptocurrencies are often perceived as riskier assets and are more closely tied to market sentiment. On the other hand, cryptocurrencies like Bitcoin and Ethereum, which are considered more independent and have a larger market capitalization, may be less influenced by changes in VIX futures contract specs. It's important for investors to consider the potential impact of VIX futures contract spec changes on different cryptocurrencies when making investment decisions.