Which ETFs allow investors to bet against the cryptocurrency market?

3 answers

• Dec 18, 2021 · 3 years ago
  One popular ETF that allows investors to bet against the cryptocurrency market is the ProShares Short Bitcoin ETF (ticker: SBTC). This ETF aims to provide the inverse performance of Bitcoin on a daily basis, allowing investors to profit from a decline in Bitcoin's price. It is important to note that this ETF is designed for short-term trading and may not be suitable for long-term investors. It is always recommended to do thorough research and consult with a financial advisor before making any investment decisions.
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• Dec 18, 2021 · 3 years ago
  If you're looking to take a bearish position on the cryptocurrency market, you might consider the ProShares Short Ethereum ETF (ticker: SEHT). This ETF aims to provide the inverse performance of Ethereum on a daily basis, allowing investors to profit from a decline in Ethereum's price. Keep in mind that investing in ETFs involves risks, and it's important to carefully consider your investment goals and risk tolerance before making any investment decisions.
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• Dec 18, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, offers the BYD Bear ETF for investors who want to bet against the cryptocurrency market. This ETF is designed to provide inverse exposure to the overall performance of the cryptocurrency market. It allows investors to profit from a decline in the cryptocurrency market by shorting various cryptocurrencies. However, it is important to note that investing in cryptocurrencies and ETFs involves risks, and it's always recommended to do thorough research and seek professional advice before making any investment decisions.
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