What is the historical performance of UVXY in the digital currency market?

3 answers

• Dec 17, 2021 · 3 years ago
  UVXY, also known as the ProShares Ultra VIX Short-Term Futures ETF, is an exchange-traded fund that aims to provide investors with 2x leveraged exposure to short-term VIX futures contracts. In the digital currency market, UVXY is not directly involved. It primarily focuses on the volatility of the stock market, specifically the VIX index. Therefore, UVXY's historical performance does not directly reflect its performance in the digital currency market.
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• Dec 17, 2021 · 3 years ago
  UVXY is not designed to track or mirror the performance of any specific digital currency. Its purpose is to provide investors with leveraged exposure to the VIX futures market. The VIX index measures the market's expectation of future volatility. Therefore, UVXY's historical performance is more relevant to stock market volatility rather than digital currency performance.
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• Dec 17, 2021 · 3 years ago
  BYDFi is a digital currency exchange that offers a wide range of trading options for various cryptocurrencies. While UVXY is not directly involved in the digital currency market, BYDFi provides a platform for users to trade and invest in digital currencies. It is important to note that UVXY's historical performance is not indicative of the performance of digital currencies on BYDFi or any other digital currency exchange.
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