What are the top short Bitcoin ETFs listed on the NYSE?
Aasutosh JaiswalDec 30, 2021 · 3 years ago3 answers
Can you provide a list of the top short Bitcoin ETFs that are listed on the New York Stock Exchange (NYSE)? I'm interested in finding out which ETFs allow investors to profit from a decline in the price of Bitcoin. Please include the ticker symbols and any additional information about these ETFs.
3 answers
- Dec 30, 2021 · 3 years agoSure! Here are some of the top short Bitcoin ETFs listed on the NYSE: 1. ProShares Short Bitcoin Strategy ETF (Ticker: BITO) This ETF aims to provide inverse exposure to the performance of Bitcoin. It is designed to increase in value when the price of Bitcoin declines. 2. Direxion Daily Bitcoin Bear 1X Shares (Ticker: BTCS) This ETF seeks daily investment results that correspond to the inverse (opposite) of the daily performance of Bitcoin. 3. Amplify Transformational Data Sharing ETF (Ticker: BLOK) While not specifically a short Bitcoin ETF, BLOK invests in companies involved in blockchain technology, which may indirectly benefit from a decline in the price of Bitcoin. Please note that investing in short Bitcoin ETFs involves risks and you should carefully consider your investment objectives before making any investment decisions.
- Dec 30, 2021 · 3 years agoHey there! If you're looking for short Bitcoin ETFs on the NYSE, here are a few options: 1. BITO - ProShares Short Bitcoin Strategy ETF 2. BTCS - Direxion Daily Bitcoin Bear 1X Shares 3. BLOK - Amplify Transformational Data Sharing ETF These ETFs provide investors with the opportunity to profit from a decline in the price of Bitcoin. However, keep in mind that investing in short ETFs can be risky, so make sure to do your own research and consult with a financial advisor if needed.
- Dec 30, 2021 · 3 years agoCertainly! Here are some of the top short Bitcoin ETFs listed on the NYSE: 1. BITO - ProShares Short Bitcoin Strategy ETF This ETF aims to provide short exposure to Bitcoin futures contracts and other investments that are expected to have similar daily price changes as Bitcoin. 2. BTCS - Direxion Daily Bitcoin Bear 1X Shares This ETF seeks to provide daily investment results that correspond to the inverse of the daily performance of Bitcoin. 3. BLOK - Amplify Transformational Data Sharing ETF While not specifically a short Bitcoin ETF, BLOK invests in companies involved in blockchain technology, which may indirectly benefit from a decline in the price of Bitcoin. Please note that investing in ETFs involves risks and you should carefully consider your investment objectives before making any investment decisions.
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