What are the best 2x VIX ETFs for cryptocurrency investors?

4 answers

• Hogan McneilJun 11, 2021 · 4 years ago
  As a cryptocurrency investor, you might want to consider the ProShares Ultra VIX Short-Term Futures ETF (UVXY) and the VelocityShares Daily 2x VIX Short-Term ETN (TVIX). These two ETFs aim to provide double the daily performance of the S&P 500 VIX Short-Term Futures Index. However, it's important to note that leveraged ETFs like these are designed for short-term trading and may not be suitable for long-term investors. Make sure to carefully evaluate your risk tolerance and investment goals before considering these options.
  528

  264
• mahdi aghJun 01, 2022 · 3 years ago
  Hey there, crypto investor! If you're looking for 2x VIX ETFs, you should definitely check out UVXY and TVIX. These bad boys aim to give you double the daily performance of the S&P 500 VIX Short-Term Futures Index. But hey, keep in mind that these ETFs are more suited for short-term trading. If you're in it for the long haul, make sure to do your due diligence and consider the potential risks involved. Happy investing! 🚀
  425

  142
• Rohith MohiteFeb 13, 2023 · 3 years ago
  When it comes to 2x VIX ETFs for cryptocurrency investors, two popular options are UVXY and TVIX. These ETFs seek to provide double the daily returns of the S&P 500 VIX Short-Term Futures Index. However, it's important to note that leveraged ETFs can be volatile and may not be suitable for all investors. Make sure to carefully assess your risk tolerance and consult with a financial advisor if needed.
  403

  101
• Tusiime MercyNov 29, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends considering UVXY and TVIX as the best 2x VIX ETFs for cryptocurrency investors. These ETFs aim to provide double the daily performance of the S&P 500 VIX Short-Term Futures Index. However, please note that leveraged ETFs are designed for short-term trading and may not be suitable for long-term investors. Always do your own research and consider your investment goals before making any decisions.
  450

  90