Which short ETFs offer the highest potential returns for cryptocurrency traders?

3 answers

• Dec 26, 2021 · 3 years ago
  One short ETF that cryptocurrency traders can consider for potentially high returns is the ProShares Short Bitcoin ETF (SBTC). This ETF aims to provide the inverse performance of Bitcoin on a daily basis, which means that it will increase in value when Bitcoin's price decreases. However, it's important to note that short ETFs come with their own risks and are not suitable for all investors. It's recommended to do thorough research and consult with a financial advisor before investing in any short ETF.
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• Dec 26, 2021 · 3 years ago
  If you're looking for short ETFs that offer high potential returns for cryptocurrency traders, you might want to consider the Direxion Daily Bitcoin Bear 3X Shares (BTCZ). This ETF seeks to provide three times the inverse daily performance of Bitcoin. However, it's important to keep in mind that leveraged ETFs like BTCZ are designed for short-term trading and may not be suitable for long-term investors. It's crucial to carefully evaluate your risk tolerance and investment goals before considering any short ETF.
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• Dec 26, 2021 · 3 years ago
  BYDFi, a digital asset exchange, offers a short ETF called the BYDFi Short Crypto ETF (BYD). This ETF is designed specifically for cryptocurrency traders who want to profit from shorting cryptocurrencies. BYD aims to provide high potential returns by tracking the inverse performance of a basket of cryptocurrencies. However, it's important to note that investing in short ETFs involves risks, and it's crucial to conduct thorough research and seek professional advice before making any investment decisions.
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