What is the difference between VXXB and VXX in the context of cryptocurrency?
Angham MazenDec 17, 2021 · 3 years ago1 answers
Can you explain the difference between VXXB and VXX in the context of cryptocurrency? I'm trying to understand their unique features and how they are related to the cryptocurrency market.
1 answers
- Dec 17, 2021 · 3 years agoVXXB and VXX are two different exchange-traded products (ETPs) that aim to track the volatility of the S&P 500 Index. VXXB is the newer version and holds futures contracts with a duration of one month, while VXX holds futures contracts with a duration of one week. The longer duration of VXXB's futures contracts means that it may provide a more accurate representation of longer-term volatility. However, this also means that VXXB may be less responsive to short-term market fluctuations compared to VXX. It's important to consider your investment goals and time horizon when choosing between VXXB and VXX in the context of cryptocurrency.
Related Tags
Hot Questions
- 95
What are the best practices for reporting cryptocurrency on my taxes?
- 94
What are the tax implications of using cryptocurrency?
- 89
What are the best digital currencies to invest in right now?
- 86
How can I protect my digital assets from hackers?
- 76
How can I minimize my tax liability when dealing with cryptocurrencies?
- 76
What is the future of blockchain technology?
- 26
How can I buy Bitcoin with a credit card?
- 22
Are there any special tax rules for crypto investors?