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What is the ticker symbol for the inverse Bitcoin ETF?

avatarAM AMIT BHADANADec 28, 2021 · 3 years ago3 answers

Can you provide me with the ticker symbol for the inverse Bitcoin ETF? I'm interested in investing in this type of ETF and would like to know the symbol to look for.

What is the ticker symbol for the inverse Bitcoin ETF?
Bitcoin
ETF
Ticker Symbol

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! The ticker symbol for the inverse Bitcoin ETF is BTCX. This ETF allows investors to profit from a decline in the price of Bitcoin. It is a popular choice for those who want to hedge against potential losses in the cryptocurrency market.
  • avatarDec 28, 2021 · 3 years ago
    The ticker symbol for the inverse Bitcoin ETF is BTCX. It's important to note that inverse ETFs are designed to move in the opposite direction of the underlying asset. So, if the price of Bitcoin goes down, the value of BTCX will go up. This can be a useful tool for investors who want to profit from a decline in Bitcoin's price.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers the inverse Bitcoin ETF with the ticker symbol BTCX. This ETF allows investors to take a short position on Bitcoin and profit from a decline in its price. It's a great option for those who believe that Bitcoin's price will decrease in the future.

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