Here at CryptocurrenciesChannel.com, we discover it fascinating to trace varied ETF and inventory costs versus varied digital property over time.
We observed that as of 5/16/2022, Litecoin ($LTC) can purchase you the least quantity of Insulet shares, previously yr. For instance, in the event you had 1 Litecoin coin and wished to purchase shares of PODD(Image: PODD) with the proceeds, you’d solely have the ability to purchase 0.34 share of PODD. That is versus a excessive quantity of 1.26 shares over the trailing twelve months. This is how this relationship appears to be like charted, over the previous yr:
The principle driver of the above bar chart has, in fact, been the efficiency of Insulet 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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