Which cryptocurrencies have the highest sector weights in the NASDAQ 100?

3 answers

• Subh BaliarsinghMay 17, 2024 · a year ago
  Sure! The cryptocurrencies with the highest sector weights in the NASDAQ 100 index are Bitcoin (BTC) and Ethereum (ETH). These two cryptocurrencies have a substantial influence on the overall performance of the index due to their large market capitalization and widespread adoption. Bitcoin, being the first and most well-known cryptocurrency, holds the highest sector weight in the index. Ethereum, with its smart contract capabilities and growing decentralized finance (DeFi) ecosystem, also holds a significant sector weight.
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• Silver VittrupDec 15, 2022 · 3 years ago
  Well, when it comes to the NASDAQ 100 index, Bitcoin and Ethereum are the big players in terms of sector weights. Bitcoin, being the pioneer of cryptocurrencies, has the highest sector weight in the index. Ethereum, on the other hand, has gained popularity due to its smart contract functionality and the rise of decentralized applications (dApps). These two cryptocurrencies dominate the market and have a major impact on the overall performance of the index.
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• Robert StancuOct 04, 2024 · 10 months ago
  According to the latest data, Bitcoin (BTC) and Ethereum (ETH) have the highest sector weights in the NASDAQ 100 index. Bitcoin, being the largest and most well-established cryptocurrency, holds the top spot in terms of sector weight. Ethereum, with its vibrant developer community and innovative blockchain technology, also has a significant sector weight. It's worth noting that these sector weights can change over time as the cryptocurrency market evolves and new projects emerge.
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