The Kryptoin ETFs NAV and the Cryptocurrency Market Cap steadier with a below 1% move in 24 hours. The NAV moved -0.83% to $29.80 and the market cap changed -0.36% to $138.92B in a day period.
Interestingly, with Ethereum dropping approximately another 50% over the past few months, KRP has risen directly proportionately against it.
Despite fluctuations to the NAV, which contains 10 other currencies in its basket, the KRP was worth 0.16 ETH at the end of August. It now takes 0.24 ETH at the end of November to purchase a single KRP representing exactly 50% premium.
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