What are the best short VIX ETFs for cryptocurrency investors?
Om AherDec 28, 2021 · 3 years ago3 answers
As a cryptocurrency investor, I am interested in short VIX ETFs. Can you recommend some of the best short VIX ETFs that are suitable for cryptocurrency investors? I would like to know which ones have performed well in the past and have a good track record. Additionally, I would like to understand how these ETFs work and how they can be used to hedge against volatility in the cryptocurrency market. Any insights would be greatly appreciated!
3 answers
- Dec 28, 2021 · 3 years agoSure! Short VIX ETFs can be a useful tool for cryptocurrency investors to hedge against volatility in the market. One of the top short VIX ETFs that you may consider is the ProShares Short VIX Short-Term Futures ETF (SVXY). This ETF aims to provide investors with inverse exposure to the S&P 500 VIX Short-Term Futures Index, which measures the returns of a portfolio of monthly VIX futures contracts. It is important to note that short VIX ETFs are designed to provide inverse returns to the VIX index, so they tend to perform well when the VIX is declining. However, they can also be highly volatile and may not be suitable for all investors. It is recommended to do thorough research and consult with a financial advisor before investing in short VIX ETFs.
- Dec 28, 2021 · 3 years agoHey there! Looking for the best short VIX ETFs for cryptocurrency investors? Well, you're in luck! One popular option is the ProShares Short VIX Short-Term Futures ETF (SVXY). This ETF aims to provide the opposite performance of the S&P 500 VIX Short-Term Futures Index. So, when the VIX goes down, this ETF goes up! It's like having a hedge against volatility in the cryptocurrency market. However, keep in mind that short VIX ETFs can be quite risky and may not be suitable for everyone. Make sure to do your own research and consider your risk tolerance before diving in!
- Dec 28, 2021 · 3 years agoWhen it comes to short VIX ETFs for cryptocurrency investors, one of the top choices is the ProShares Short VIX Short-Term Futures ETF (SVXY). This ETF aims to provide inverse exposure to the S&P 500 VIX Short-Term Futures Index, which means it goes up when the VIX goes down. It can be a great tool for hedging against volatility in the cryptocurrency market. However, it's important to note that short VIX ETFs can be highly volatile and may not be suitable for all investors. It's always a good idea to consult with a financial advisor before making any investment decisions. Hope this helps!
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