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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 5/13/2022, Litecoin (NYSE:$LTC) can buy you the least amount of Warner Music Group shares, in the past year. For example, if you had 1 Litecoin coin and wished to buy shares of WMG with the proceeds, you would only be able to buy 2.41 shares of WMG. That's versus a high amount of 9.42 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 Warner Music Group 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!
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