What is the Betapro Bitcoin Inverse ETF and how does it work?
RiderNov 28, 2021 · 3 years ago3 answers
Can you explain what the Betapro Bitcoin Inverse ETF is and provide an overview of how it works?
3 answers
- Nov 28, 2021 · 3 years agoSure! The Betapro Bitcoin Inverse ETF is an exchange-traded fund that aims to provide the opposite performance of the Bitcoin price. It is designed for investors who want to profit from a decline in the price of Bitcoin. The ETF achieves this by using various financial instruments, such as futures contracts and swaps, to generate returns that are inversely correlated with the price of Bitcoin. This means that if the price of Bitcoin goes down, the value of the ETF is expected to go up, and vice versa. It's important to note that this ETF is not directly invested in Bitcoin, but rather uses derivatives to achieve its investment objective.
- Nov 28, 2021 · 3 years agoThe Betapro Bitcoin Inverse ETF is a unique investment product that allows investors to profit from a decline in the price of Bitcoin. It works by using financial instruments, such as futures contracts and swaps, to generate returns that are inversely correlated with the price of Bitcoin. This means that if the price of Bitcoin goes down, the value of the ETF is expected to go up. It's important to understand that this ETF is not directly invested in Bitcoin, but rather uses derivatives to achieve its investment objective. This can provide investors with a way to hedge against potential losses in their Bitcoin holdings.
- Nov 28, 2021 · 3 years agoBYDFi, a leading digital asset exchange, offers the Betapro Bitcoin Inverse ETF as part of its diverse range of investment products. The ETF aims to provide investors with a way to profit from a decline in the price of Bitcoin. It achieves this by using various financial instruments, such as futures contracts and swaps, to generate returns that are inversely correlated with the price of Bitcoin. This means that if the price of Bitcoin goes down, the value of the ETF is expected to go up. It's important to note that this ETF is not directly invested in Bitcoin, but rather uses derivatives to achieve its investment objective.
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