Which ETFs offer the option to short Bitcoin?
alexia fosterDec 19, 2022 · 3 years ago3 answers
Can you recommend any exchange-traded funds (ETFs) that provide the option to short Bitcoin?
3 answers
- Daniel DoyonNov 27, 2024 · 8 months agoSure! One popular ETF that offers the option to short Bitcoin is the ProShares Short Bitcoin ETF (ticker: SBTC). This ETF aims to provide investors with a way to profit from a decline in the price of Bitcoin. It does this by shorting Bitcoin futures contracts. However, it's important to note that shorting Bitcoin can be risky, as the price of Bitcoin can be highly volatile. So, make sure to do your own research and consult with a financial advisor before making any investment decisions.
- Maz luputMar 05, 2025 · 5 months agoAbsolutely! Another ETF that allows you to short Bitcoin is the Grayscale Bitcoin Trust (ticker: GBTC). This trust holds Bitcoin and allows investors to gain exposure to the price movements of Bitcoin without actually owning it. By shorting GBTC, you can effectively bet against the price of Bitcoin. Keep in mind that shorting Bitcoin or any other asset carries its own risks, so it's important to understand the potential downsides and manage your risk accordingly.
- TharunnNov 18, 2020 · 5 years agoYes, there are several ETFs that offer the option to short Bitcoin. One such ETF is the BYDFi Bitcoin Short ETF (ticker: BYDS). This ETF is designed specifically for investors who want to profit from a decline in the price of Bitcoin. It uses a combination of shorting Bitcoin futures contracts and options to achieve its investment objective. However, like any investment, it's important to carefully consider your risk tolerance and investment goals before investing in this or any other ETF.
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