Here at CryptocurrenciesChannel.com, we find it interesting to track various ETF and stock prices versus various digital assets over time.
We noticed that as of 4/28/2022, Litecoin ($LTC) can buy you the least amount of Waste Management shares, in the past year. For example, if you had 1 Litecoin coin and wished to buy shares of WM(Symbol: WM) with the proceeds, you would only be able to buy 0.60 share of WM. That’s versus a high amount of 2.75 shares over the trailing twelve months. Here’s how this relationship looks charted, over the past year:
The main driver of the above bar chart has, of course, been the performance of Waste Management shares, relative to the performance of Litecoin; and here’s how the two compare over the past year on a total return basis:
Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.