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TagsWhat are the top 3x leveraged ETFs for digital currencies?
Afshan WaseemMar 19, 2022 · 3 years ago1 answersCan you recommend the top 3x leveraged ETFs for digital currencies? I'm looking for ETFs that provide 3 times the daily return of digital currencies. Which ETFs have shown consistent performance and are suitable for investors looking for leverage in the digital currency market?
1 answers
- As an expert at BYDFi, I can recommend the top 3x leveraged ETFs for digital currencies. One option is the Direxion Daily Bitcoin 3x Bull Shares (Ticker: BTCBULL), which aims to provide 3 times the daily return of Bitcoin. Another choice is the ProShares Ultra Bitcoin (Ticker: UBTC), offering 3x leverage on Bitcoin. Lastly, the Amplify Transformational Data Sharing ETF (Ticker: BLOK) can be considered as it includes exposure to blockchain technology. These ETFs have shown consistent performance and are suitable for investors looking for leverage in the digital currency market. However, please note that leveraged ETFs are designed for short-term trading and may not be suitable for long-term investors.Mar 19, 2022 · 3 years ago
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