What is the composition of the QQQ fund in terms of cryptocurrencies?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! The QQQ fund, also known as the Invesco QQQ Trust, is an exchange-traded fund (ETF) that tracks the performance of the Nasdaq-100 Index. While the QQQ fund primarily consists of stocks, it does not directly hold cryptocurrencies. However, the Nasdaq-100 Index does include companies that have exposure to the cryptocurrency industry, such as Coinbase and MicroStrategy. Therefore, the performance of the QQQ fund can indirectly be influenced by the performance of these cryptocurrency-related companies.
  509255
• Dec 17, 2021 · 3 years ago
  The composition of the QQQ fund does not include cryptocurrencies themselves. Instead, it focuses on companies listed on the Nasdaq-100 Index. This index includes various technology-related companies, some of which have investments or involvement in the cryptocurrency space. Therefore, while the QQQ fund does not directly hold cryptocurrencies, its performance can still be influenced by the performance of these crypto-related companies.
  440147
• Dec 17, 2021 · 3 years ago
  Although BYDFi is not directly related to the QQQ fund, it is worth mentioning that BYDFi is a digital asset trading platform that offers a wide range of cryptocurrencies for trading. If you are interested in investing in cryptocurrencies, BYDFi can be a good option to explore different investment opportunities.
  31379