What are the top inverse ETFs in the cryptocurrency market?

3 answers

• Maria KurriJul 09, 2024 · a year ago
  Sure! When it comes to inverse ETFs in the cryptocurrency market, there are a few options that are worth considering. One of the top performers is the ProShares Short Bitcoin ETF (BITO). This ETF aims to provide the inverse daily performance of Bitcoin futures contracts. Another popular choice is the Direxion Daily Bitcoin Bear 3X Shares (BTCZ). This ETF seeks to provide three times the inverse daily performance of Bitcoin. Both of these ETFs can be traded on major exchanges and offer investors the opportunity to profit from a decline in the price of Bitcoin.
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• Martinus van DeursenMay 13, 2022 · 3 years ago
  Absolutely! If you're looking for inverse ETFs in the cryptocurrency market, you might want to check out the ProShares Short Ethereum ETF (ETHS). This ETF aims to provide the inverse daily performance of Ethereum futures contracts. Another option is the Direxion Daily Ethereum Bear 3X Shares (ETHZ). This ETF seeks to provide three times the inverse daily performance of Ethereum. These ETFs can be a useful tool for investors who want to hedge their exposure to cryptocurrencies or profit from a decline in their prices.
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• supriyaSep 05, 2023 · 2 years ago
  Definitely! When it comes to inverse ETFs in the cryptocurrency market, one option that stands out is the BYDFi Inverse Crypto ETF (BYD). This ETF is designed to provide the inverse daily performance of a basket of cryptocurrencies. It offers investors the opportunity to profit from a decline in the overall cryptocurrency market. BYDFi is a reputable exchange and their inverse ETF can be a valuable addition to any investor's portfolio.
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