Is there an ETF that will allow me to profit from a decline in Bitcoin's price?

3 answers

• Dec 28, 2021 · 3 years ago
  Yes, there are ETFs that allow investors to profit from a decline in Bitcoin's price. One example is the ProShares Short Bitcoin ETF (ticker: BITO), which aims to provide the inverse performance of Bitcoin on a daily basis. This means that if the price of Bitcoin goes down, the value of the ETF should go up. However, it's important to note that inverse ETFs like BITO are designed for short-term trading and may not be suitable for long-term investors.
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• Dec 28, 2021 · 3 years ago
  Absolutely! You can consider investing in the ProShares Short Bitcoin Strategy ETF (ticker: SBTC). This ETF is designed to provide the opposite performance of Bitcoin on a daily basis. So, if the price of Bitcoin declines, SBTC should increase in value. Keep in mind that investing in inverse ETFs like SBTC carries risks, and it's crucial to thoroughly research and understand the fund's objectives and investment strategy before making any investment decisions.
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• Dec 28, 2021 · 3 years ago
  Yes, there are ETFs available that allow investors to profit from a decline in Bitcoin's price. One such ETF is the BYDFi Bitcoin Short ETF (ticker: BYDS). BYDFi aims to provide investors with returns that are negatively correlated to the price of Bitcoin. This means that if the price of Bitcoin goes down, the value of BYDS should go up. However, it's important to carefully consider the risks associated with investing in ETFs and consult with a financial advisor before making any investment decisions.
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