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Which ETF offers the first short position on digital currencies?

avatarMohammed GourariDec 25, 2021 · 3 years ago3 answers

Can you recommend an ETF that allows investors to take a short position on digital currencies?

Which ETF offers the first short position on digital currencies?
ETF
Short Position
Digital Currencies

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! One ETF that offers the first short position on digital currencies is the ProShares Short Bitcoin ETF (Ticker: SBTC). This ETF allows investors to profit from a decline in the price of Bitcoin by taking a short position. It's a great option for those who believe that the price of Bitcoin will decrease in the future. #bitcoin #ETF
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! The ProShares Short Bitcoin ETF (SBTC) is the first ETF that allows investors to take a short position on digital currencies. By shorting Bitcoin, investors can potentially profit from a decline in its price. It's a useful tool for those who want to hedge against the volatility of digital currencies. #shortposition #digitalcurrencies
  • avatarDec 25, 2021 · 3 years ago
    Yes, there is an ETF that offers the first short position on digital currencies. It's called the ProShares Short Bitcoin ETF (SBTC). This ETF is designed for investors who want to profit from a decrease in the price of Bitcoin. With SBTC, investors can take a short position on Bitcoin without actually owning the cryptocurrency. #ProShares #SBTC #shortposition

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