Sunday, August 14, 2022
Crypto News
Advertisement
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
Crypto News
No Result
View All Result
Home Bitcoin

When it comes to crypto products, Solana, Litecoin outshine Bitcoin, with better returns

by Crypto News
November 26, 2021
in Bitcoin
0
When it comes to crypto products, Solana, Litecoin outshine Bitcoin, with better returns
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Bitcoin has been toughing it out this month and the query now shifts to how its funding merchandise are performing. Wanting on the stats, it has turn out to be obvious, that the place the king coin is missing, Litecoin and Solana are gaining.

Solana takes over Bitcoin

Whereas the month of November, typically, has been sending out blended indicators, at current the market’s numbers are decrease than they had been at the start of this month. Nonetheless, because the spot market was not fairly fruitful, the digital asset-based funding merchandise had a relatively comparable expertise as effectively.

Bitcoin AUM (Belongings Underneath Administration) decreased by 9.5% this month which turned out to be the biggest pullback since July. Nonetheless, Litecoin based mostly merchandise (LTCN) got here to be the higher performer returning 14.9% even when GBTC suffered at -10.2% dropping 12% market share along with it.

Litecoin was not the one one to rise. Even 21Share’s ASOL (Solana based mostly product) managed to chart sturdy returns of twenty-two%

Common returns | Supply: CryptoCompare

LTCN and ASOL alone couldn’t make up for the general losses although. Although this was the third month in a row when common weekly netflows had been positive, inflows nonetheless registered a 56.2% lower.

Related articles

Bitcoin launched 13 years ago today⁠. 8 milestones from the past year

Bitcoin launched 13 years ago today⁠. 8 milestones from the past year

January 3, 2022
Why Bitcoin Price’s Tumble Is Good News for Coinbase Stock

Why Bitcoin Price’s Tumble Is Good News for Coinbase Stock

January 3, 2022

Additional, every day volumes throughout ETFs and ETNs too fell sharply led by BTCE tumbling by 35.1% adopted by the Objective ETF (BTCC) falling by 32.2%.

ASOL turned out to be the one product that managed to make any beneficial properties because the Solana product’s quantity exploded by 171% reaching $6.3 million.

Common every day volumes | Supply: CryptoCompare

As November involves an finish, even the very best gainers of the month are dropping, when it comes to value, led by LTCN which is down by 20.44% in simply the final 3 days. It at present stands solely 9.92% away from invalidating the 45.9% progress of the month.

LTCN efficiency | Supply: TradingView – AMBCrypto

The case is comparable for BTCC which has dropped by 14.44%, GBTC took a success of 14.02% as effectively, and ASOL which can also be down by 12.45%

Up to now, for a lot of property, the end-of-year efficiency has proved to be a head begin going into the following yr. The efficiency of those merchandise within the month of December will play a vital function in setting the tone for ETFs, ETPs and ETNs in 2022. 



Source link

Share76Tweet47

Related Posts

Bitcoin launched 13 years ago today⁠. 8 milestones from the past year

Bitcoin launched 13 years ago today⁠. 8 milestones from the past year

by Crypto News
January 3, 2022
0

13 years in the past at the moment, bitcoin formally launched after what's often known as the Genesis Block...

Why Bitcoin Price’s Tumble Is Good News for Coinbase Stock

Why Bitcoin Price’s Tumble Is Good News for Coinbase Stock

by Crypto News
January 3, 2022
0

Textual content dimension Bitcoin's latest tumble might need brought on a rise in buying and selling quantity for Coinbase....

Now there are 3 provinces in Argentina that tax bitcoin – CVBJ

Now there are 3 provinces in Argentina that tax bitcoin – CVBJ

by Crypto News
January 3, 2022
0

Key details: La Pampa will cost Gross Earnings to all industrial actions with digital currencies. As in different provinces,...

I bought Bitcoin from PayPal. Here’s what happened

I bought Bitcoin from PayPal. Here’s what happened

by Crypto News
January 3, 2022
0

There isn't a doubt that cryptocurrency has traction within the monetary world. As of the second I am penning...

Multisig Setup Saves Bitcoin Stack from Home Burglary

Proof Of Keys Day And Quantum Computing

by Crypto News
January 3, 2022
0

When Satoshi Nakamoto mined the genesis block 13 years in the past right now, giving rise to the Bitcoin...

Load More
  • Trending
  • Comments
  • Latest
6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

November 7, 2021
Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

November 1, 2021
Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

November 12, 2021
First bitcoin. Then GameStop. Now tiny tungsten cubes

First bitcoin. Then GameStop. Now tiny tungsten cubes

October 29, 2021
5 Hotels Accepting Cryptocurrency as a Payment Method

5 Hotels Accepting Cryptocurrency as a Payment Method

0
Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

0
Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

0
ADA Price Prediction: Cardano Sits and Waits

ADA Price Prediction: Cardano Sits and Waits

0
Ethereum Merge September 19, 2022 – 154

Ethereum Merge September 19, 2022 – 154

August 14, 2022
Cryptocurrency: Bitcoin ATMs popping up to introduce people to crypto, though few use them

Cryptocurrency: Bitcoin ATMs popping up to introduce people to crypto, though few use them

August 14, 2022
The SOL goes on – All the reasons behind Solana’s latest uptick

The SOL goes on – All the reasons behind Solana’s latest uptick

August 14, 2022
Anti-Inflation Cryptos To Watch Out For

Anti-Inflation Cryptos To Watch Out For

August 14, 2022

Recent News

Ethereum Merge September 19, 2022 – 154

Ethereum Merge September 19, 2022 – 154

August 14, 2022
Cryptocurrency: Bitcoin ATMs popping up to introduce people to crypto, though few use them

Cryptocurrency: Bitcoin ATMs popping up to introduce people to crypto, though few use them

August 14, 2022

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cardano
  • Cryptocurrency
  • Ethereum
  • Ripple
  • Videos

Bitcoin Currency Converter

Cryptocurrency Prices by Coinlib
  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright Crypto News

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos

© 2021 Copyright Crypto News