Taking Advantage of Downturns

ProShares Launches the First U.S. Short Bitcoin-Linked ETF



Author: Funds Society, Madrid

  1. This canal provides a way for investors to potentially profit from a decline in the price of bitcoin or hedge their cryptocurrency exposure with the convenience of an ETF
  2. BITI is designed to deliver the inverse of the performance of the the S&P CME Bitcoin Futures Index
  3. For investors who prefer a mutual fund, ProFunds, the affliated mutual fund company of ProShares, launched Short Bitcoin Strategy ProFund (BITIX)