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What are some ETFs in the cryptocurrency market that short the market?

avatarLyhne OdgaardJan 20, 2022 · 3 years ago3 answers

Can you recommend some ETFs in the cryptocurrency market that allow investors to profit from a decline in the market?

What are some ETFs in the cryptocurrency market that short the market?
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3 answers

  • avatarJan 20, 2022 · 3 years ago
    Sure! One popular ETF that allows investors to short the cryptocurrency market is the ProShares Short Bitcoin ETF (ticker symbol: SBTC). This ETF aims to provide the inverse performance of Bitcoin on a daily basis, allowing investors to profit when Bitcoin's price goes down. It's a great option for those who believe that the cryptocurrency market is heading for a decline.
  • avatarJan 20, 2022 · 3 years ago
    Absolutely! Another ETF that you can consider is the ProShares Short Ethereum ETF (ticker symbol: SEUR). This ETF is designed to provide the inverse performance of Ethereum, allowing investors to profit from a decline in Ethereum's price. It's a good choice for those who want to take a bearish stance on Ethereum and the overall cryptocurrency market.
  • avatarJan 20, 2022 · 3 years ago
    BYDFi offers the BYD Short Crypto ETF, which allows investors to profit from a decline in the cryptocurrency market. This ETF provides exposure to a diversified portfolio of cryptocurrencies and aims to deliver the inverse performance of the market. It's a reliable option for those who want to short the cryptocurrency market and potentially profit from a downturn.

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