Which cryptocurrencies make up the top holdings of QQQ?
Athul NairDec 27, 2021 · 3 years ago3 answers
Can you provide a list of the top cryptocurrencies that are included in the holdings of QQQ? I'm interested in knowing which digital currencies have the highest weightage in this popular exchange-traded fund.
3 answers
- Dec 27, 2021 · 3 years agoSure! The top holdings of QQQ, which is an ETF that tracks the performance of the Nasdaq 100 Index, include several prominent cryptocurrencies. As of the latest available data, the top cryptocurrencies in the QQQ holdings are Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). These cryptocurrencies have a significant weightage in the fund, reflecting their market capitalization and popularity in the digital asset space.
- Dec 27, 2021 · 3 years agoThe QQQ ETF is known for its focus on technology stocks, but it also includes exposure to cryptocurrencies. Among the top holdings, you'll find Bitcoin, Ethereum, and Binance Coin. These digital currencies have gained widespread adoption and have become key players in the crypto market. Investing in QQQ allows you to indirectly invest in these cryptocurrencies and benefit from their potential growth.
- Dec 27, 2021 · 3 years agoAccording to the latest data, the top holdings of QQQ include Bitcoin, Ethereum, and Binance Coin. These cryptocurrencies have been chosen based on their market capitalization and liquidity. QQQ aims to provide investors with exposure to the performance of the Nasdaq 100 Index, and including these digital assets helps capture the growth potential of the crypto market. It's worth noting that the specific holdings may change over time as the market evolves.
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