What is the best ETF that allows me to bet against Bitcoin?

7 answers

• Dec 16, 2021 · 3 years ago
  If you're looking to bet against Bitcoin, one popular option is the ProShares Short Bitcoin ETF (Ticker: BITO). This ETF aims to provide the inverse daily performance of Bitcoin, so if the price of Bitcoin goes down, the value of this ETF should go up. It's important to note that investing in inverse ETFs can be risky and should be carefully considered.
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• Dec 16, 2021 · 3 years ago
  There are a few ETFs that allow you to take a bearish position on Bitcoin. One of them is the ProShares Bitcoin Strategy ETF (Ticker: BITO). This ETF aims to provide short exposure to Bitcoin futures contracts. By investing in this ETF, you can potentially profit from a decline in the price of Bitcoin. However, it's important to do your own research and consider the risks involved before making any investment decisions.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, offers a range of ETFs that allow you to bet against Bitcoin. One of the most popular options is the BYDFi Inverse Bitcoin ETF (Ticker: BYDBEAR). This ETF aims to provide the inverse daily performance of Bitcoin, allowing investors to profit from a decline in the price of Bitcoin. It's important to carefully consider your investment goals and risk tolerance before investing in any ETF.
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• Dec 16, 2021 · 3 years ago
  If you're looking to bet against Bitcoin, you may consider the Direxion Daily Bitcoin Bear 1X Shares ETF (Ticker: BTCX). This ETF seeks to provide daily investment results that correspond to the inverse of the daily performance of Bitcoin. It's important to note that investing in inverse ETFs involves risks, and you should carefully evaluate your investment objectives before making any decisions.
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• Dec 16, 2021 · 3 years ago
  Another option to consider is the ProShares UltraShort Bitcoin ETF (Ticker: ZBTC). This ETF aims to provide twice the inverse daily performance of Bitcoin. By investing in this ETF, you can potentially amplify your returns if the price of Bitcoin goes down. However, it's important to be aware of the risks involved with leveraged ETFs and to carefully consider your investment goals.
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• Dec 16, 2021 · 3 years ago
  If you're interested in betting against Bitcoin, you might want to look into the ProShares Bitcoin Futures Strategy ETF (Ticker: BITO). This ETF seeks to provide short exposure to Bitcoin futures contracts. By investing in this ETF, you can potentially profit from a decline in the price of Bitcoin. However, it's important to understand the risks associated with investing in futures contracts and to carefully consider your investment objectives.
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• Dec 16, 2021 · 3 years ago
  The Amplify Transformational Data Sharing ETF (Ticker: BLOK) is another option to consider if you want to bet against Bitcoin indirectly. This ETF invests in companies involved in blockchain technology, which underlies cryptocurrencies like Bitcoin. If the price of Bitcoin were to decline, it could potentially have a negative impact on the companies in this ETF's portfolio, allowing you to profit indirectly from a decline in Bitcoin's price.
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