What is the first short Bitcoin ETF to list?
Allen OlsenNov 28, 2021 · 3 years ago3 answers
Can you tell me which was the first Bitcoin ETF to be listed that allows short selling?
3 answers
- Nov 28, 2021 · 3 years agoThe first short Bitcoin ETF to be listed was the ProShares Short Bitcoin Strategy ETF. It was listed on the New York Stock Exchange (NYSE) on October 19, 2021. This ETF allows investors to profit from the decline in the price of Bitcoin by short selling the cryptocurrency. It provides a convenient way for investors to hedge against the volatility of Bitcoin without actually owning the digital asset.
- Nov 28, 2021 · 3 years agoThe first short Bitcoin ETF to be listed is the ProShares Short Bitcoin Strategy ETF. It was launched on October 19, 2021, and is traded on the NYSE. This ETF allows investors to take a short position on Bitcoin, meaning they can profit from the price of Bitcoin going down. It's a popular choice for investors who want to hedge their exposure to Bitcoin or speculate on its price movement.
- Nov 28, 2021 · 3 years agoThe first short Bitcoin ETF to be listed is the ProShares Short Bitcoin Strategy ETF. It was launched on October 19, 2021, and is available for trading on various exchanges. This ETF allows investors to take a short position on Bitcoin, which means they can profit from the decline in its price. It's a great option for those who believe that the price of Bitcoin will decrease in the future and want to capitalize on that.
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