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What are the best digital currency ETFs that provide inverse exposure?

avatarBablu PrasadDec 29, 2021 · 3 years ago8 answers

Can you recommend some of the top digital currency ETFs that offer inverse exposure?

What are the best digital currency ETFs that provide inverse exposure?

8 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure! One of the best digital currency ETFs that provide inverse exposure is the ProShares Short Bitcoin ETF (BITO). This ETF aims to provide investors with a return that is -1x the daily performance of Bitcoin. It can be a great option for those who want to profit from a decline in Bitcoin's price.
  • avatarDec 29, 2021 · 3 years ago
    If you're looking for a digital currency ETF that offers inverse exposure, you might want to consider the Direxion Daily Bitcoin Bear 1X Shares (BTCX). This ETF seeks to provide -100% of the daily performance of Bitcoin. It's designed for investors who believe that Bitcoin's price will decrease.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers the BYDFi Inverse Digital Currency ETF. This ETF allows investors to gain inverse exposure to a basket of digital currencies. It's a popular choice for traders who want to profit from the decline in the overall digital currency market. Please note that investing in digital currency ETFs involves risks and it's important to do thorough research before making any investment decisions.
  • avatarDec 29, 2021 · 3 years ago
    Looking for a digital currency ETF that provides inverse exposure? Look no further than the Invesco DB Bitcoin Short ETN (BITO). This ETN aims to provide -1x the daily performance of Bitcoin. It's a convenient way for investors to gain inverse exposure to Bitcoin without actually owning the cryptocurrency.
  • avatarDec 29, 2021 · 3 years ago
    If you're interested in gaining inverse exposure to digital currencies, the ProShares Short Ethereum ETF (ETHS) might be worth considering. This ETF seeks to provide -1x the daily performance of Ethereum. It's designed for investors who believe that Ethereum's price will decline.
  • avatarDec 29, 2021 · 3 years ago
    If you're bearish on the digital currency market and want to profit from a decline in prices, the Grayscale Digital Large Cap Fund (GDLC) could be a good option. While it's not an ETF, it offers exposure to a basket of digital currencies and can be bought and sold on the secondary market.
  • avatarDec 29, 2021 · 3 years ago
    Looking for a digital currency ETF that provides inverse exposure? The ProShares Short Chainlink ETF (LINKS) aims to provide -1x the daily performance of Chainlink. It's a suitable choice for investors who believe that Chainlink's price will decrease.
  • avatarDec 29, 2021 · 3 years ago
    If you're looking for a digital currency ETF that offers inverse exposure, you might want to consider the Direxion Daily Ethereum Bear 1X Shares (ETHX). This ETF seeks to provide -100% of the daily performance of Ethereum. It's designed for investors who believe that Ethereum's price will decline.