Are there any ETFs that allow me to short the cryptocurrency market?

3 answers

• ParwandAug 26, 2021 · 4 years ago
  Yes, there are ETFs that allow you to short the cryptocurrency market. One example is the ProShares Short Bitcoin ETF (Ticker: SBTC). This ETF aims to provide investors with a -1x daily return of the performance of Bitcoin. By investing in this ETF, you can profit from the decline in Bitcoin's price.
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• Thaysen McCurdyFeb 12, 2021 · 4 years ago
  Absolutely! You can short the cryptocurrency market using certain ETFs. For instance, the ProShares Short Bitcoin ETF (Ticker: SBTC) is designed to provide investors with a -1x daily return of Bitcoin's performance. This means that if Bitcoin's price goes down by 1%, the ETF's value should go up by 1%. It's a great way to profit from potential price declines in the cryptocurrency market.
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• Ammulu vastupulaAug 10, 2021 · 4 years ago
  Yes, there are ETFs available that allow you to short the cryptocurrency market. One such ETF is the ProShares Short Bitcoin ETF (Ticker: SBTC). This ETF is designed to provide investors with a -1x daily return of Bitcoin's performance. So, if Bitcoin's price goes down by 1%, the ETF's value should go up by 1%. It's a convenient way to take advantage of potential price declines in the cryptocurrency market. Please note that investing in ETFs involves risks and you should carefully consider your investment objectives before making any decisions.
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