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What are some ETFs that short Bitcoin?

avatarAdvanced WellnessDec 13, 2021 · 3 years ago6 answers

Can you recommend some exchange-traded funds (ETFs) that allow investors to short Bitcoin? I'm interested in finding ETFs that provide the opportunity to profit from a decline in Bitcoin's price.

What are some ETFs that short Bitcoin?

6 answers

  • avatarDec 13, 2021 · 3 years ago
    Sure! One popular ETF that allows investors to short Bitcoin is the ProShares Short Bitcoin Strategy ETF (ticker: BITO). This ETF aims to provide the inverse performance of Bitcoin on a daily basis, meaning that if Bitcoin's price goes down, the ETF's value goes up. It's a great option for those who believe that Bitcoin's price will decline.
  • avatarDec 13, 2021 · 3 years ago
    There are several other ETFs that offer the ability to short Bitcoin. One example is the Direxion Daily Bitcoin Bear 1X Shares ETF (ticker: BTCS). This ETF seeks to provide the opposite of Bitcoin's daily performance, allowing investors to profit from a decrease in Bitcoin's price. It's important to note that shorting Bitcoin carries its own risks, so make sure to do thorough research and consult with a financial advisor before making any investment decisions.
  • avatarDec 13, 2021 · 3 years ago
    BYDFi, a digital asset exchange, also offers ETFs that allow investors to short Bitcoin. Their ETFs are designed to track the inverse performance of Bitcoin and provide an opportunity to profit from a decline in its price. If you're interested in shorting Bitcoin through an ETF, BYDFi is definitely worth considering. Just remember to carefully evaluate the risks involved and make informed investment choices.
  • avatarDec 13, 2021 · 3 years ago
    If you're looking for more options, you can also check out the GraniteShares Inverse Bitcoin ETF (ticker: BITI). This ETF aims to provide the inverse daily performance of Bitcoin, allowing investors to profit from a decrease in its price. It's important to keep in mind that shorting Bitcoin can be a speculative strategy and may not be suitable for all investors. Make sure to assess your risk tolerance and investment goals before considering any ETFs that short Bitcoin.
  • avatarDec 13, 2021 · 3 years ago
    Another ETF that allows investors to short Bitcoin is the ProShares Bitcoin Strategy ETF (ticker: BITQ). This ETF seeks to provide the inverse performance of Bitcoin on a daily basis, allowing investors to profit from a decline in Bitcoin's price. It's important to note that shorting Bitcoin carries its own risks, including the potential for significant losses. Before investing in any ETFs that short Bitcoin, it's crucial to carefully consider your risk tolerance and conduct thorough research.
  • avatarDec 13, 2021 · 3 years ago
    If you're interested in shorting Bitcoin through an ETF, you might want to take a look at the Invesco Short Bitcoin ETF (ticker: SBTC). This ETF aims to provide the inverse performance of Bitcoin's price on a daily basis, allowing investors to profit from a decline in Bitcoin's price. However, it's important to remember that shorting Bitcoin can be a high-risk strategy and may not be suitable for all investors. Make sure to consult with a financial advisor and understand the potential risks before investing in any ETFs that short Bitcoin.