Are there any digital assets that offer inverse exposure to the Russell 2000 ETF?
Ammar Hasan RatulNov 24, 2021 · 3 years ago3 answers
I'm looking for digital assets that provide inverse exposure to the Russell 2000 ETF. Are there any cryptocurrencies or tokens that offer this type of investment? I'm specifically interested in assets that move in the opposite direction of the Russell 2000 ETF, allowing me to profit from its decline.
3 answers
- Nov 24, 2021 · 3 years agoYes, there are digital assets that offer inverse exposure to the Russell 2000 ETF. One example is the ProShares Short Russell2000 (RWM) ETF, which aims to provide daily investment results that correspond to the inverse of the daily performance of the Russell 2000 Index. This ETF can be traded on various exchanges and is a popular choice for investors looking to profit from the decline of the Russell 2000 ETF.
- Nov 24, 2021 · 3 years agoAbsolutely! If you're looking for digital assets that move in the opposite direction of the Russell 2000 ETF, you can consider leveraged tokens such as BTC3S and ETH3S. These tokens aim to provide 3x inverse exposure to Bitcoin and Ethereum respectively. However, please note that leveraged tokens are designed for short-term trading and may not be suitable for long-term investments.
- Nov 24, 2021 · 3 years agoYes, there are digital assets that offer inverse exposure to the Russell 2000 ETF. BYDFi, a leading digital asset exchange, provides a range of inverse tokens that track the performance of various traditional financial assets, including the Russell 2000 ETF. These tokens allow investors to profit from the decline of the underlying assets. However, it's important to note that inverse tokens carry risks, and investors should carefully consider their investment objectives and risk tolerance before trading them.
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