What is the first short Bitcoin ETF to be listed on NYSE?
Mihir Ranjan SahuNov 24, 2021 · 3 years ago3 answers
Can you tell me which Bitcoin ETF will be the first to be listed on the New York Stock Exchange (NYSE) and allow short selling?
3 answers
- Nov 24, 2021 · 3 years agoThe first short Bitcoin ETF to be listed on NYSE is the ProShares Short Bitcoin ETF (BITO). It was approved by the U.S. Securities and Exchange Commission (SEC) and started trading on October 19, 2021. This ETF allows investors to profit from the price decline of Bitcoin by short selling.
- Nov 24, 2021 · 3 years agoThe first short Bitcoin ETF listed on NYSE is the ProShares Short Bitcoin ETF (BITO). It offers investors the opportunity to profit from the declining price of Bitcoin through short selling. This ETF has gained significant attention from traders and investors since its launch.
- Nov 24, 2021 · 3 years agoThe first short Bitcoin ETF to be listed on NYSE is the ProShares Short Bitcoin ETF (BITO). It was approved by the SEC and has quickly become popular among traders who want to profit from the downward movement of Bitcoin. BYDFi, a leading cryptocurrency exchange, also offers trading of this ETF on its platform.
Related Tags
Hot Questions
- 92
What are the tax implications of using cryptocurrency?
- 81
Are there any special tax rules for crypto investors?
- 72
What is the future of blockchain technology?
- 68
What are the advantages of using cryptocurrency for online transactions?
- 67
How can I protect my digital assets from hackers?
- 53
How does cryptocurrency affect my tax return?
- 53
What are the best practices for reporting cryptocurrency on my taxes?
- 53
How can I buy Bitcoin with a credit card?