What are the top short ETFs for cryptocurrency investors?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! One of the top short ETFs for cryptocurrency investors is the ProShares Short Bitcoin ETF (BITO). This ETF aims to provide inverse exposure to the daily performance of Bitcoin. By investing in BITO, you can profit when the price of Bitcoin goes down. It's a popular choice among investors who want to hedge against potential losses in the cryptocurrency market.
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• Dec 17, 2021 · 3 years ago
  If you're looking for a short ETF that covers a broader range of cryptocurrencies, you might consider the ProShares Short Blockchain ETF (SBCF). This ETF provides inverse exposure to the performance of a basket of blockchain-related companies. It allows you to profit from the decline in the overall blockchain industry, which can be influenced by the performance of various cryptocurrencies.
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• Dec 17, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers a short ETF called the BYDFi Short Crypto ETF. This ETF allows investors to profit from the decline in the prices of major cryptocurrencies like Bitcoin, Ethereum, and Litecoin. It's a convenient option for cryptocurrency investors who want to take a short position without directly trading individual cryptocurrencies. Please note that investing in ETFs involves risks, and it's important to do your own research and consult with a financial advisor before making any investment decisions.
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