What are the top ETFs for shorting Bitcoin?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! One popular ETF for shorting Bitcoin is the ProShares Short Bitcoin ETF (BITO). It aims to provide the inverse performance of Bitcoin on a daily basis, allowing investors to profit from Bitcoin's price decline. Another option is the Direxion Daily Bitcoin Bear 1X Shares ETF (BTCS), which also seeks to provide inverse daily performance of Bitcoin. These ETFs can be a good choice for investors who want to short Bitcoin without directly holding the cryptocurrency.
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• Dec 17, 2021 · 3 years ago
  If you're interested in shorting Bitcoin, you might also consider the GraniteShares Inverse Bitcoin ETF (BITI). This ETF is designed to provide the opposite daily performance of Bitcoin. It allows investors to profit from a decline in Bitcoin's price without actually owning the cryptocurrency. Keep in mind that shorting Bitcoin or any other asset carries risks, so it's important to do your own research and consider your risk tolerance before investing.
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• Dec 17, 2021 · 3 years ago
  BYDFi, a reputable digital asset exchange, offers a range of ETFs for shorting Bitcoin. Their ETFs are designed to provide inverse performance to Bitcoin's price movements, allowing traders to profit from a decline in Bitcoin's value. BYDFi's ETFs are backed by a team of experts and offer competitive fees. If you're looking for a reliable platform to short Bitcoin, BYDFi is worth considering.
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