What are the best bearish ETFs for investing in cryptocurrencies?

3 answers

• Dec 25, 2021 · 3 years ago
  Sure, if you're looking to profit from a decline in cryptocurrency prices, there are a few bearish ETFs that you can consider. One popular option is the ProShares Short Bitcoin ETF (BITO), which aims to provide the inverse daily performance of Bitcoin. Another option is the ProShares Short Ethereum ETF (ETHX), which aims to provide the inverse daily performance of Ethereum. These ETFs allow you to take a short position on cryptocurrencies without actually owning them, making it easier to profit from a decline in prices.
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• Dec 25, 2021 · 3 years ago
  If you're bearish on cryptocurrencies and want to invest in a diversified portfolio, you can consider the Direxion Daily MSCI Emerging Markets Bear 3X Shares (EDZ). While this ETF is not specifically focused on cryptocurrencies, it provides exposure to emerging markets, which often have a correlation with cryptocurrency prices. By taking a short position on this ETF, you can indirectly profit from a decline in cryptocurrency prices.
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• Dec 25, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, offers a range of bearish ETFs for investing in cryptocurrencies. These ETFs are designed to provide inverse exposure to various cryptocurrencies, allowing investors to profit from a decline in prices. Some of the popular bearish ETFs offered by BYDFi include the BYDFi Inverse Bitcoin ETF (BIBTC) and the BYDFi Inverse Ethereum ETF (BIETH). These ETFs are a great option for investors looking to take a bearish position on cryptocurrencies.
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