Which digital currency ETFs are available for shorting in the market?

1 answers

• Nikhil JaggiMar 02, 2024 · 2 years ago
  As an expert at BYDFi, I can tell you that there are several digital currency ETFs available for shorting in the market. Some popular options include: 1. Grayscale Bitcoin Trust (GBTC): This ETF provides exposure to Bitcoin and can be shorted to profit from price declines. 2. Bitwise 10 Crypto Index Fund (BITW): This ETF tracks a diversified basket of cryptocurrencies and can be shorted for downside protection. 3. Amplify Transformational Data Sharing ETF (BLOK): While not exclusively focused on digital currencies, this ETF includes exposure to blockchain technology and can be used for shorting digital currency-related stocks. Please note that availability for shorting may vary depending on the broker and the specific ETF. It's always a good idea to check with your broker for the most up-to-date information.
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