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Which digital currencies are included in the FAANG stocks index?

avatarping wangDec 27, 2021 · 3 years ago3 answers

Can you provide a list of the digital currencies that are included in the FAANG stocks index? I'm interested in knowing which cryptocurrencies are part of this index and how they are selected.

Which digital currencies are included in the FAANG stocks index?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The FAANG stocks index, which consists of Facebook, Apple, Amazon, Netflix, and Google, does not include any digital currencies. It is a stock index that focuses on the performance of these tech giants in the stock market. However, there are other indices and investment products that track digital currencies, such as the Bitwise 10 Crypto Index Fund and the Grayscale Digital Large Cap Fund.
  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, the FAANG stocks index does not include any digital currencies. It primarily focuses on the performance of Facebook, Apple, Amazon, Netflix, and Google. If you're interested in investing in digital currencies, you may want to consider other indices or funds that specifically track the cryptocurrency market.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the digital currency industry, I can confirm that the FAANG stocks index does not include any cryptocurrencies. However, if you're looking for exposure to the cryptocurrency market, you might want to check out the BYDFi Crypto Index, which tracks a diversified basket of digital currencies. It offers a comprehensive view of the cryptocurrency market and can be a valuable investment tool.