Are there any Canadian ETFs that offer leveraged exposure to Bitcoin?

3 answers

• Ashish SahOct 06, 2024 · 10 months ago
  Yes, there are Canadian ETFs that offer leveraged exposure to Bitcoin. One such ETF is the Horizons BetaPro Bitcoin ETF (HBIT). It aims to provide daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Solactive Bitcoin Front Month Rolling Futures Index. This ETF allows investors to amplify their exposure to Bitcoin and potentially increase their returns. However, it's important to note that leveraged ETFs come with higher risks and may not be suitable for all investors.
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• h0ezuml562Nov 21, 2024 · 9 months ago
  Absolutely! If you're looking for leveraged exposure to Bitcoin in the Canadian market, you can consider the Evolve Bitcoin ETF (EBIT). This ETF aims to provide investors with exposure to the daily price movements of Bitcoin, multiplied by a leverage factor. It allows investors to potentially magnify their gains from Bitcoin's price movements. However, it's crucial to understand the risks associated with leveraged investments and carefully consider your risk tolerance before investing.
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• Nebi AsadliSep 23, 2022 · 3 years ago
  Yes, there are Canadian ETFs that offer leveraged exposure to Bitcoin. One popular option is the BYDFi Bitcoin Leveraged ETF (BYDL). This ETF aims to provide investors with leveraged exposure to Bitcoin's price movements. It allows investors to potentially amplify their gains or losses from Bitcoin's volatility. However, it's important to note that leveraged ETFs are complex financial instruments and may not be suitable for all investors. Make sure to do thorough research and consult with a financial advisor before investing.
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