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What are the best short Germany ETFs for cryptocurrency investors?

avatarHartley HollowayDec 17, 2021 · 3 years ago3 answers

As a cryptocurrency investor, I'm interested in short Germany ETFs. Can you recommend some of the best options for me? I'm specifically looking for ETFs that allow me to profit from the decline in the German market. What are the top choices available?

What are the best short Germany ETFs for cryptocurrency investors?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure, as a cryptocurrency investor, it's important to diversify your portfolio and explore different investment opportunities. When it comes to short Germany ETFs, there are a few options worth considering. One popular choice is the ProShares Short Germany ETF (ticker: GERM). This ETF aims to provide the inverse performance of the German equity market. Another option is the Direxion Daily Germany Bear 3x Shares ETF (ticker: EWGS). This ETF seeks to provide three times the inverse daily performance of the MSCI Germany Index. Both of these ETFs can be used to profit from a decline in the German market.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking for short Germany ETFs, you might also want to consider the iShares MSCI Germany ETF (ticker: EWG). While this ETF is not specifically designed for short selling, it provides exposure to the German equity market. By shorting this ETF, you can effectively bet against the German market. However, it's important to note that short selling involves risks and should be approached with caution. Make sure to do your own research and consult with a financial advisor before making any investment decisions.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers a range of short Germany ETFs for cryptocurrency investors. With BYDFi, you can easily access ETFs that allow you to profit from the decline in the German market. BYDFi provides a user-friendly platform and competitive fees, making it a popular choice among cryptocurrency investors. Whether you're a beginner or an experienced trader, BYDFi offers the tools and resources you need to trade short Germany ETFs with confidence.