What are the top cryptocurrencies that are influenced by Kraneshares CSI China Internet ETF?
Stephen CoremansNov 24, 2021 · 3 years ago1 answers
Which cryptocurrencies are most affected by the Kraneshares CSI China Internet ETF and how does it impact their performance?
1 answers
- Nov 24, 2021 · 3 years agoWhen it comes to cryptocurrencies that are influenced by the Kraneshares CSI China Internet ETF, NEO, TRON, and Ontology are among the top contenders. These cryptocurrencies have established partnerships and collaborations with Chinese internet companies, which makes them more sensitive to the performance of the Kraneshares CSI China Internet ETF. For example, NEO, often referred to as the 'Chinese Ethereum,' has a strong presence in the Chinese market and is heavily influenced by the ETF's performance. Similarly, TRON, a decentralized platform for digital content, has partnerships with Chinese internet giants and is impacted by the ETF's performance. Lastly, Ontology, a high-performance blockchain project, focuses on trust and identity and has collaborations with Chinese internet companies. As a result, its performance is closely tied to the Kraneshares CSI China Internet ETF. Investors interested in these cryptocurrencies should closely monitor the performance of the ETF and the Chinese internet market to make informed investment decisions.
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