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What is the first short Bitcoin ETF on the market?

avatarJiang DesaiFeb 19, 2022 · 3 years ago3 answers

Can you tell me which Bitcoin ETF was the first to offer short positions in the market? I'm interested in knowing the name and any relevant details about it.

What is the first short Bitcoin ETF on the market?
Bitcoin
ETF
Short Selling

3 answers

  • avatarFeb 19, 2022 · 3 years ago
    The first short Bitcoin ETF on the market is the ProShares Short Bitcoin Strategy ETF. It was launched on October 19, 2021, and provides investors with the ability to profit from a decline in the price of Bitcoin. This ETF aims to track the inverse performance of Bitcoin futures contracts and is traded on the New York Stock Exchange under the ticker symbol BITO.
  • avatarFeb 19, 2022 · 3 years ago
    Sure! The first short Bitcoin ETF is called ProShares Short Bitcoin Strategy ETF. It allows investors to take short positions on Bitcoin, meaning they can profit from a decrease in its price. This ETF is traded on the NYSE under the ticker symbol BITO and was launched in October 2021.
  • avatarFeb 19, 2022 · 3 years ago
    The first short Bitcoin ETF on the market is the ProShares Short Bitcoin Strategy ETF (BITO). It was launched on October 19, 2021, and is designed to provide investors with a way to profit from a decline in the price of Bitcoin. This ETF tracks the inverse performance of Bitcoin futures contracts and is available for trading on the New York Stock Exchange.

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