What is the first short to list on NYSE in the cryptocurrency industry?

3 answers

• Dec 17, 2021 · 3 years ago
  The first cryptocurrency short to be listed on the NYSE was Bitcoin (BTC) in 2021. This listing marked a significant milestone for the cryptocurrency industry as it provided institutional investors with the opportunity to short Bitcoin, which was previously only available on crypto exchanges. The listing was driven by the increasing demand for more diverse investment options in the cryptocurrency market.
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• Dec 17, 2021 · 3 years ago
  In 2021, the NYSE listed the first cryptocurrency short, which was Bitcoin (BTC). This listing allowed investors to profit from the price decline of Bitcoin by borrowing and selling it, with the intention of buying it back at a lower price in the future. This listing was seen as a positive development for the cryptocurrency industry, as it provided more liquidity and accessibility for institutional investors.
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• Dec 17, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, facilitated the listing of the first cryptocurrency short on the NYSE in 2021. This listing was a game-changer for the industry, as it opened up new opportunities for investors to hedge against the volatility of cryptocurrencies. Bitcoin (BTC) was the cryptocurrency chosen for this listing, and it attracted significant attention from both retail and institutional investors.
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