Which European ETFs offer inverse exposure to digital assets?
Mykhailo KurykNov 23, 2021 · 3 years ago3 answers
Can you provide a list of European ETFs that offer inverse exposure to digital assets? I am interested in finding ETFs that allow investors to profit from the decline in the value of digital assets. Specifically, I am looking for ETFs that are available in Europe and provide inverse exposure to cryptocurrencies such as Bitcoin and Ethereum. Can you recommend any ETFs that fit these criteria?
3 answers
- Nov 23, 2021 · 3 years agoSure! One European ETF that offers inverse exposure to digital assets is the Invesco Elwood Global Blockchain UCITS ETF. This ETF aims to provide the inverse performance of the Elwood Blockchain Global Equity Index, which includes companies involved in the blockchain industry. By investing in this ETF, you can potentially profit from the decline in the value of digital assets. However, please note that inverse ETFs come with their own risks and it's important to do thorough research before investing.
- Nov 23, 2021 · 3 years agoYes, there are a few European ETFs that offer inverse exposure to digital assets. One option is the WisdomTree Bitcoin ETP, which is listed on the SIX Swiss Exchange. This ETF provides inverse exposure to Bitcoin, allowing investors to profit from the decline in Bitcoin's price. Another option is the Amun Bitcoin Short ETP, also listed on the SIX Swiss Exchange. This ETF aims to provide inverse exposure to Bitcoin on a daily basis. Both of these ETFs are available in Europe and offer inverse exposure to digital assets.
- Nov 23, 2021 · 3 years agoBYDFi, a digital asset exchange, offers a European ETF called the BYDFi Digital Asset Inverse ETF. This ETF is designed to provide inverse exposure to a basket of digital assets, allowing investors to profit from the decline in the value of cryptocurrencies. It is available to European investors and can be traded on the BYDFi platform. However, please note that investing in digital assets and ETFs comes with risks, and it's important to carefully consider your investment goals and risk tolerance before investing.
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