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What is the symbol for an ETF that offers short exposure to Bitcoin?

avatarRebaz XoshnawDec 17, 2021 · 3 years ago3 answers

Can you tell me the symbol for an ETF that provides short exposure to Bitcoin? I'm interested in investing in such an ETF and would like to know the symbol to look for.

What is the symbol for an ETF that offers short exposure to Bitcoin?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! The symbol for an ETF that offers short exposure to Bitcoin is BTCX. It is listed on several major exchanges and can be easily traded like any other ETF. Just search for BTCX on your preferred trading platform and you should be able to find it.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! If you're looking for an ETF that allows you to profit from a decline in Bitcoin's price, the symbol you're looking for is BTCX. This ETF is designed to provide short exposure to Bitcoin and can be a great tool for hedging or speculating on the downside of Bitcoin's price.
  • avatarDec 17, 2021 · 3 years ago
    Certainly! The symbol for an ETF that offers short exposure to Bitcoin is BTCX. It is managed by BYDFi, a leading digital asset management company. BTCX allows investors to profit from a decline in Bitcoin's price and is a popular choice among traders looking to hedge their Bitcoin positions.