What is the 30-day yield on an ETF in the cryptocurrency market?

3 answers

• Dec 15, 2021 · 3 years ago
  The 30-day yield on an ETF in the cryptocurrency market refers to the annualized yield that an investor can expect to earn from holding the ETF for a period of 30 days. It is calculated by taking the net investment income generated by the ETF over the past 30 days and dividing it by the net asset value (NAV) of the ETF. This yield is expressed as a percentage and can be used to compare the performance of different cryptocurrency ETFs. It is important to note that the 30-day yield does not take into account any capital gains or losses.
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• Dec 15, 2021 · 3 years ago
  So, the 30-day yield on an ETF in the cryptocurrency market is basically a measure of the income generated by the ETF over a 30-day period. It can give you an idea of how much return you can expect from your investment in the short term. However, it's important to remember that past performance is not indicative of future results. The 30-day yield should be used as just one factor in your overall evaluation of a cryptocurrency ETF's performance.
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• Dec 15, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, provides comprehensive data on the 30-day yield of various cryptocurrency ETFs. This data can be accessed through their platform, allowing investors to make informed decisions based on the performance of these ETFs. It's always a good idea to research and compare different ETFs before making any investment decisions. Remember, investing in cryptocurrency carries risks, and it's important to consult with a financial advisor before making any investment decisions.
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