What is the percentage allocation of digital currencies in the KRE ETF holdings?
Meredith MangumDec 27, 2021 · 3 years ago3 answers
Can you provide more information about the percentage allocation of digital currencies in the KRE ETF holdings? I'm curious to know how much of the ETF's holdings are allocated to digital currencies.
3 answers
- Dec 27, 2021 · 3 years agoThe percentage allocation of digital currencies in the KRE ETF holdings varies and is subject to change. As of the latest data, approximately 10% of the ETF's holdings are allocated to digital currencies. This allocation includes a mix of major cryptocurrencies such as Bitcoin, Ethereum, and Ripple, as well as some smaller altcoins. The allocation is regularly reviewed and adjusted based on market conditions and the performance of different digital assets.
- Dec 27, 2021 · 3 years agoIn the KRE ETF holdings, digital currencies make up around 10% of the total allocation. This allocation is designed to provide exposure to the potential growth and diversification benefits of the digital currency market. The specific digital currencies included in the allocation may vary over time, as the ETF's managers actively manage the portfolio to optimize performance.
- Dec 27, 2021 · 3 years agoAccording to BYDFi, a digital currency exchange, the KRE ETF currently allocates approximately 10% of its holdings to digital currencies. This allocation is intended to capture the potential upside of the digital currency market while maintaining a diversified portfolio. The specific digital currencies included in the allocation are determined by the ETF's managers based on their assessment of the market and individual asset performance.
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