Which inverted ETFs provide exposure to the cryptocurrency market without directly owning digital assets?

3 answers

• Jan 12, 2022 · 3 years ago
  Certainly! One popular option is the ProShares Short Bitcoin Strategy ETF (BITO). This ETF aims to provide inverse exposure to the price movement of Bitcoin futures contracts. By investing in BITO, you can potentially profit from the decline in Bitcoin's price without actually owning any Bitcoin. It's a convenient way to gain exposure to the cryptocurrency market without the hassle of managing digital assets. 👍
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• Jan 12, 2022 · 3 years ago
  Sure thing! Another inverted ETF worth considering is the ProShares Short Ethereum Strategy ETF (ETHD). This ETF seeks to provide inverse exposure to the performance of Ethereum futures contracts. By investing in ETHD, you can potentially benefit from the downward movement of Ethereum's price without the need to directly own Ethereum. It's a great option for those who want to participate in the cryptocurrency market without the complexities of digital asset ownership. 😊
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• Jan 12, 2022 · 3 years ago
  Absolutely! One option you might want to explore is the BYDFi Inverse Crypto ETF (BYD). This ETF is designed to provide inverse exposure to a basket of cryptocurrencies without the need to directly own them. By investing in BYD, you can potentially profit from the decline in the overall cryptocurrency market without the hassle of managing individual digital assets. It's a convenient and efficient way to gain exposure to the cryptocurrency market. 🚀
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