What is the difference between VXX and VIXY in the world of cryptocurrency?

5 answers

• Nov 25, 2021 · 3 years ago
  VXX and VIXY are both exchange-traded funds (ETFs) that track the volatility of the cryptocurrency market. However, there are some important distinctions between the two. VXX is designed to track the CBOE Volatility Index (VIX), which measures the expected volatility of the S&P 500 index. On the other hand, VIXY is an ETF that aims to provide investors with exposure to short-term volatility in the VIX futures market. In simpler terms, VXX tracks the volatility of the stock market, while VIXY tracks the volatility of the VIX futures market.
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• Nov 25, 2021 · 3 years ago
  Alright, let me break it down for you. VXX and VIXY are like two different flavors of ice cream in the world of cryptocurrency. VXX is more like vanilla, tracking the expected volatility of the S&P 500 index. On the other hand, VIXY is like chocolate, focusing on short-term volatility in the VIX futures market. So, depending on your taste for risk and your investment goals, you can choose between the two.
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• Nov 25, 2021 · 3 years ago
  VXX and VIXY are both popular choices for investors looking to gain exposure to volatility in the cryptocurrency market. However, there are some differences to consider. VXX is managed by a team of experts at BYDFi, a leading cryptocurrency exchange, and aims to provide investors with a diversified portfolio of volatility-related assets. On the other hand, VIXY is an ETF that tracks the performance of the VIX futures market and is not affiliated with any specific exchange. Both options have their pros and cons, so it's important to do your research and choose the one that aligns with your investment strategy.
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• Nov 25, 2021 · 3 years ago
  VXX and VIXY are two different animals in the world of cryptocurrency. VXX, also known as the iPath Series B S&P 500 VIX Short-Term Futures ETN, is designed to provide investors with exposure to the short-term volatility of the S&P 500 index. On the other hand, VIXY, or the ProShares VIX Short-Term Futures ETF, aims to track the performance of the VIX futures market. While both ETFs are designed to track volatility, their underlying assets and strategies differ. So, if you're looking to spice up your investment portfolio with some volatility, VXX and VIXY are worth considering.
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• Nov 25, 2021 · 3 years ago
  VXX and VIXY are two different approaches to capturing volatility in the cryptocurrency market. VXX, managed by BYDFi, is an exchange-traded note (ETN) that offers exposure to the short-term volatility of the S&P 500 index. On the other hand, VIXY is an ETF that tracks the performance of the VIX futures market. While both options can be used to hedge against market volatility, their underlying assets and strategies are distinct. So, whether you prefer the stability of the S&P 500 or the potential upside of the VIX futures market, there's an option for you.
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