Which cryptocurrencies are included in the NASDAQ Financial 100 index?
abdurrehman Saif102Dec 27, 2021 · 3 years ago3 answers
Can you provide a list of the cryptocurrencies that are currently included in the NASDAQ Financial 100 index? I'm interested in knowing which digital currencies have made it into this prestigious index and what criteria are used for their inclusion.
3 answers
- Dec 27, 2021 · 3 years agoSure! The NASDAQ Financial 100 index includes some of the most prominent cryptocurrencies in the market. As of now, the cryptocurrencies included in the index are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies were selected based on their market capitalization, trading volume, and overall market influence. The NASDAQ Financial 100 index aims to provide investors with exposure to the top-performing cryptocurrencies in the industry.
- Dec 27, 2021 · 3 years agoThe NASDAQ Financial 100 index is a prestigious index that tracks the performance of the top 100 cryptocurrencies in the market. It includes well-established cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin, which have proven their resilience and popularity over time. The inclusion criteria for this index are based on factors such as market capitalization, liquidity, and overall market acceptance. Being included in the NASDAQ Financial 100 index is a significant achievement for any cryptocurrency.
- Dec 27, 2021 · 3 years agoAccording to BYDFi, a leading cryptocurrency exchange, the NASDAQ Financial 100 index currently includes Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies were selected based on their market performance, liquidity, and overall market influence. Being included in this index can have a positive impact on the visibility and credibility of a cryptocurrency. It's worth noting that the composition of the index may change over time as the cryptocurrency market evolves.
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