The post Bitcoin, Ethereum, Solana Outranks Traditional Assets in Latest EXPAAM Ranking appeared on BitcoinEthereumNews.com.

Coinspeaker Bitcoin, Ethereum, Solana Outranks Traditional Assets in Latest EXPAAM Ranking The newly released Exponential Age Asset Management (EXPAAM) data shows that digital assets like Bitcoin (BTC), Solana (SOL), and Ethereum (ETH) significantly outperformed several traditional assets. This outperformance is both for the long-term and Year-to-Date (YTD) period. Traditional Assets Bleed amidst Crypto Surge In a data table shared by the co-founder and CEO of Real Vision Raoul Pal, the EXPAAM table showed the performance of 16 assets. These were a mix of digital assets and their traditional counterparts. In terms of cumulative returns, Bitcoin was seen leading other digital assets as well as traditional assets like SPDR S&P 500 ETF Trust (SPY), Gold (GLD), Invesco QQQ Trust Series (QQQ), and iShares 20+ Year Treasury Bond ETF (TLT) amongst others. The Latest EXPAAM performance tables are out. Crypto still comfortably leading both long-term and YTD. pic.twitter.com/JoWys1cX0W — Raoul Pal (@RaoulGMI) July 1, 2024 A glance through each of the presented annualized returns underscores how well digital assets are performing. Noteworthy, this metric is a measure of how much an investment has increased on average each year during a specific period. Bitcoin has an annualized return of 140%, ETH came in at 149% and Solana led with a 214% surge in gains. For these same metrics, none of the traditional assets performed half as well as any of the cryptocurrencies profiled. Invesco QQQ Trust Series, known to have the highest annualized return amongst traditional assets, registered only an 18% surge. The others, including gold, ranked between 1-8% with a significant number of years trading closer to the lower limit of the range. SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) comes off as one of the worst-performing assets with zero annualized returns. Unfortunately, the stock has been on a downtrend for the…

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Filed under: News - @ July 2, 2024 1:28 am