Can you recommend any ETFs that offer inverse exposure to Bitcoin?

3 answers

• rupeshDec 16, 2022 · 3 years ago
  Sure, one ETF that offers inverse exposure to Bitcoin is the ProShares Short Bitcoin Strategy ETF (BITO). This ETF aims to provide daily inverse exposure to the performance of Bitcoin futures contracts. It's designed to benefit when the price of Bitcoin declines. However, please note that inverse ETFs are complex financial products and may not be suitable for all investors. Make sure to do your own research and consult with a financial advisor before making any investment decisions.
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• Maria José Oliveira GuimarãesJun 10, 2024 · a year ago
  Absolutely! If you're looking for an ETF that can profit from Bitcoin's price decline, you might want to consider the ProShares Bitcoin Strategy ETF (BITO). This ETF uses futures contracts to provide inverse exposure to Bitcoin. It's a popular choice for investors who want to hedge against Bitcoin's volatility or take a bearish position on the cryptocurrency. Just keep in mind that investing in ETFs involves risks, so it's important to carefully evaluate your investment goals and risk tolerance before making any decisions.
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• Mohamed RedaJul 31, 2024 · a year ago
  Certainly! Another ETF that offers inverse exposure to Bitcoin is the Direxion Daily Bitcoin Bear 1X Shares (BTDS). This ETF seeks to provide daily investment results that correspond to the inverse of the daily performance of Bitcoin. It's designed for investors who believe that Bitcoin's price will decline and want to profit from that decline. However, it's important to note that investing in inverse ETFs carries certain risks, so make sure to thoroughly understand the product and consider your own risk tolerance before investing.
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