Which ETF is the first to list a short Bitcoin option?
Ander RosokhaNov 27, 2021 · 3 years ago3 answers
Can you tell me which ETF was the first to offer a short Bitcoin option?
3 answers
- Nov 27, 2021 · 3 years agoThe first ETF to list a short Bitcoin option was the ProShares Short Bitcoin Strategy ETF. This ETF allows investors to profit from a decline in the price of Bitcoin by shorting the cryptocurrency. It provides a convenient way for investors to hedge against the volatility of Bitcoin without actually owning the digital asset.
- Nov 27, 2021 · 3 years agoThe ProShares Short Bitcoin Strategy ETF was the pioneer in listing a short Bitcoin option. This ETF offers investors the opportunity to profit from a decrease in the price of Bitcoin. It's a great tool for those who believe that Bitcoin's price will decline and want to capitalize on that prediction.
- Nov 27, 2021 · 3 years agoThe first ETF to list a short Bitcoin option is the ProShares Short Bitcoin Strategy ETF. This ETF is designed to provide investors with inverse exposure to Bitcoin's price movements. It aims to deliver the daily inverse performance of the Bitcoin futures market. With this ETF, investors can potentially profit from a decline in Bitcoin's price.
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