Which ETF is the first to list a short Bitcoin option?

Can you tell me which ETF was the first to offer a short Bitcoin option?

3 answers
- The first ETF to list a short Bitcoin option was the ProShares Short Bitcoin Strategy ETF. This ETF allows investors to profit from a decline in the price of Bitcoin by shorting the cryptocurrency. It provides a convenient way for investors to hedge against the volatility of Bitcoin without actually owning the digital asset.
Mar 18, 2022 · 3 years ago
- The ProShares Short Bitcoin Strategy ETF was the pioneer in listing a short Bitcoin option. This ETF offers investors the opportunity to profit from a decrease in the price of Bitcoin. It's a great tool for those who believe that Bitcoin's price will decline and want to capitalize on that prediction.
Mar 18, 2022 · 3 years ago
- The first ETF to list a short Bitcoin option is the ProShares Short Bitcoin Strategy ETF. This ETF is designed to provide investors with inverse exposure to Bitcoin's price movements. It aims to deliver the daily inverse performance of the Bitcoin futures market. With this ETF, investors can potentially profit from a decline in Bitcoin's price.
Mar 18, 2022 · 3 years ago
Related Tags
Hot Questions
- 84
How can I protect my digital assets from hackers?
- 80
How does cryptocurrency affect my tax return?
- 78
How can I buy Bitcoin with a credit card?
- 78
What is the future of blockchain technology?
- 68
What are the best digital currencies to invest in right now?
- 64
What are the advantages of using cryptocurrency for online transactions?
- 47
What are the best practices for reporting cryptocurrency on my taxes?
- 37
How can I minimize my tax liability when dealing with cryptocurrencies?