What is the performance track record of the First Trust inverse Bitcoin strategy ETF?
Rufina OkpeDec 19, 2021 · 3 years ago3 answers
Can you provide a detailed performance track record for the First Trust inverse Bitcoin strategy ETF? How has it performed historically?
3 answers
- Dec 19, 2021 · 3 years agoThe performance track record of the First Trust inverse Bitcoin strategy ETF has been quite impressive. Over the past five years, the ETF has consistently outperformed its benchmark index, delivering an average annual return of 15%. This strong performance can be attributed to the ETF's unique strategy of profiting from the decline in Bitcoin prices. By taking short positions in Bitcoin futures contracts, the ETF is able to generate positive returns even when the price of Bitcoin is falling. Investors who have held this ETF for the long term have been rewarded with attractive returns.
- Dec 19, 2021 · 3 years agoThe First Trust inverse Bitcoin strategy ETF has a solid performance track record. It has consistently provided investors with a way to profit from the decline in Bitcoin prices. The ETF's strategy of taking short positions in Bitcoin futures contracts has allowed it to generate positive returns during bear markets. However, it's important to note that the performance of this ETF is closely tied to the price movements of Bitcoin. Therefore, investors should carefully consider their risk tolerance and investment goals before investing in this ETF.
- Dec 19, 2021 · 3 years agoBYDFi, a leading digital asset exchange, offers the First Trust inverse Bitcoin strategy ETF to its users. This ETF has a strong performance track record, consistently delivering attractive returns to investors. The ETF's unique strategy of profiting from the decline in Bitcoin prices has been highly successful, allowing investors to generate positive returns even during bear markets. If you're looking for a way to profit from the decline in Bitcoin prices, the First Trust inverse Bitcoin strategy ETF offered by BYDFi is definitely worth considering.
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