Which digital assets are most commonly used as underlying assets for 3x short ETFs?

3 answers

• SssstephanieeeeNov 15, 2020 · 5 years ago
  When it comes to 3x short ETFs, the most commonly used digital assets as underlying assets are Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). These cryptocurrencies have gained significant popularity and are widely recognized in the market. The choice of these assets is based on their market capitalization, liquidity, and overall market demand. Investors who are looking to profit from the decline in the price of these digital assets can consider investing in 3x short ETFs.
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• Opeyemih 66Jun 23, 2022 · 3 years ago
  The underlying assets for 3x short ETFs usually include the major cryptocurrencies like Bitcoin, Ethereum, and Ripple. These assets are selected based on their market dominance and trading volume. By using these well-established digital assets as the underlying assets, 3x short ETFs provide investors with an opportunity to profit from the price decline of these cryptocurrencies. It's important to note that investing in 3x short ETFs involves risks, and investors should carefully consider their investment goals and risk tolerance before making any investment decisions.
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• Alpha Boubacar DiabyMay 20, 2025 · 6 months ago
  As an expert in the field, I can tell you that the most commonly used digital assets as underlying assets for 3x short ETFs are Bitcoin, Ethereum, and Ripple. These cryptocurrencies have a strong presence in the market and are widely recognized by investors. However, it's important to note that the choice of underlying assets may vary depending on the ETF provider. For example, at BYDFi, we offer 3x short ETFs with Bitcoin, Ethereum, and Ripple as the underlying assets. Other ETF providers may have different choices based on their strategies and market analysis.
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