Here at CryptocurrenciesChannel.com, we discover it attention-grabbing to trace varied ETF and inventory costs versus varied digital belongings over time.
We seen that as of 5/9/2022, Litecoin ($LTC) should purchase you the least quantity of Goldman Sachs Group shares, up to now yr. For instance, in case you had 1 Litecoin coin and wished to purchase shares of GS(Image: GS) with the proceeds, you’ll solely have the ability to purchase 0.29 share of GS. That is versus a excessive quantity of 1.08 shares over the trailing twelve months. Here is how this relationship seems charted, over the previous yr:
The primary driver of the above bar chart has, after all, been the efficiency of Goldman Sachs Group shares, relative to the efficiency of Litecoin; and this is how the 2 examine over the previous yr on a complete return foundation:
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