What are the best 3x short QQQ ETFs for cryptocurrency investors?

3 answers

• Dec 25, 2021 · 3 years ago
  As a cryptocurrency investor, you may consider the ProShares UltraPro Short QQQ (SQQQ) ETF. It aims to provide three times the inverse daily performance of the Nasdaq-100 Index, which includes the QQQ holdings. This ETF can be a useful tool for hedging against potential downturns in the QQQ index while maintaining exposure to the cryptocurrency market.
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• Dec 25, 2021 · 3 years ago
  If you're looking for a 3x short QQQ ETF, you might want to check out the Direxion Daily QQQ Bear 3x Shares (SQQQ) ETF. It seeks to provide three times the inverse daily performance of the Nasdaq-100 Index. This ETF can be a valuable addition to your portfolio if you believe the QQQ index is poised for a decline and want to capitalize on it as a cryptocurrency investor.
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• Dec 25, 2021 · 3 years ago
  BYDFi, a digital asset exchange, offers the BYDFi 3x Short QQQ ETF. This ETF aims to provide triple inverse exposure to the QQQ index, making it suitable for cryptocurrency investors who want to hedge their positions or profit from potential declines in the QQQ index. It's important to note that leveraged ETFs like this come with higher risks and should be carefully considered before investing.
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