What is the first short Bitcoin ETF to be launched?

Can you tell me which was the first Bitcoin ETF that allowed short selling?

3 answers
- The first short Bitcoin ETF to be launched was the ProShares Short Bitcoin ETF (ticker: BITO). It was launched on October 19, 2021, and provides investors with the ability to profit from a decline in the price of Bitcoin. This ETF allows investors to short Bitcoin without actually owning it, making it a convenient option for those who want to take a bearish position on Bitcoin.
Mar 18, 2022 · 3 years ago
- The first short Bitcoin ETF to be launched was the ProShares Short Bitcoin ETF (BITO). It was designed to provide investors with an opportunity to profit from a decline in the price of Bitcoin. By short selling Bitcoin, investors can benefit from falling prices. This ETF allows investors to take a bearish position on Bitcoin without actually owning it.
Mar 18, 2022 · 3 years ago
- The first short Bitcoin ETF to be launched was the ProShares Short Bitcoin ETF (BITO). It was introduced on October 19, 2021, and offers investors the ability to profit from a decrease in the value of Bitcoin. With this ETF, investors can take a short position on Bitcoin without having to own the cryptocurrency. It's a great option for those who believe that Bitcoin's price will decline.
Mar 18, 2022 · 3 years ago
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