Which ETFs are planning to launch a product that bets against Bitcoin?

3 answers

• Dec 25, 2021 · 3 years ago
  Yes, there are several ETFs that are considering launching a product that bets against Bitcoin. One example is the ProShares Bitcoin Strategy ETF, which aims to provide inverse exposure to Bitcoin's price movements. This ETF would allow investors to profit from a decline in Bitcoin's price. However, it's important to note that the launch of such ETFs is subject to regulatory approval and may take some time before they become available to investors.
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• Dec 25, 2021 · 3 years ago
  Absolutely! There are a few ETFs in the pipeline that are planning to introduce a product that bets against Bitcoin. One of them is the Direxion Daily Bitcoin Bear 1X Shares ETF, which is designed to provide daily inverse exposure to Bitcoin's performance. This means that if Bitcoin's price goes down, the value of this ETF would go up. However, it's important to do your own research and consult with a financial advisor before making any investment decisions.
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• Dec 25, 2021 · 3 years ago
  Yes, there is an ETF called the BYDFi Bitcoin Short ETF that is planning to launch a product that bets against Bitcoin. This ETF aims to provide investors with a way to profit from a decline in Bitcoin's price. However, it's important to note that the launch of this ETF is still pending regulatory approval and there is no specific timeline for its release. Investors should stay updated on the latest news and developments regarding this ETF.
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