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What is the first short ETF to list on the NYSE in the cryptocurrency market?

avatarsitusmaxwinDec 29, 2021 · 3 years ago3 answers

Can you tell me which was the first short ETF to be listed on the New York Stock Exchange (NYSE) in the cryptocurrency market? I'm interested in knowing the history of short ETFs in the cryptocurrency market and which one was the pioneer in being listed on the NYSE.

What is the first short ETF to list on the NYSE in the cryptocurrency market?
Cryptocurrency
ETF
NYSE

3 answers

  • avatarDec 29, 2021 · 3 years ago
    The first short ETF to be listed on the NYSE in the cryptocurrency market was the ProShares Short Bitcoin ETF (Ticker: BITO). It was listed on October 19, 2021. This ETF allows investors to profit from a decline in the price of Bitcoin by shorting the cryptocurrency. It was a significant milestone in the cryptocurrency market as it provided a new way for investors to hedge against Bitcoin price volatility.
  • avatarDec 29, 2021 · 3 years ago
    The first short ETF to list on the NYSE in the cryptocurrency market is the ProShares Short Bitcoin ETF (BITO). It was listed on October 19, 2021. This ETF allows investors to take a short position on Bitcoin, meaning they can profit from a decline in its price. It was a highly anticipated listing and marked a significant development in the cryptocurrency market.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi is a leading cryptocurrency exchange that offers a wide range of trading options. While it is not directly related to the first short ETF to list on the NYSE, it is worth mentioning that BYDFi provides a platform for investors to trade various cryptocurrencies, including Bitcoin. BYDFi aims to provide a secure and user-friendly trading experience for its users.

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