Cryptocurrency Q&A
Are there inverse bitcoin ETFs?
Are there inverse bitcoin ETFs?
Chiara
Tue Dec 24 2024
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6 answers
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I'm interested in knowing if there are any inverse Bitcoin ETFs available. By inverse, I mean ETFs that profit when the price of bitcoin falls, sort of a bet against the performance of bitcoin.
6 answers
Chiara
Thu Dec 26 2024
Specifically, the ETF seeks to mirror a -1x correlation to the index.
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InfinityEcho
Thu Dec 26 2024
The Short Bitcoin ETF aims to deliver daily investment results.
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GinsengBoost
Thu Dec 26 2024
These results are intended to correspond to the inverse of the daily performance of the Bloomberg Bitcoin Index.
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lucas_taylor_teacher
Wed Dec 25 2024
This means that if the Bloomberg Bitcoin Index increases in value, the ETF is designed to decrease in value by a similar percentage.
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KimonoElegant
Wed Dec 25 2024
Conversely, if the index decreases, the ETF is expected to increase in value by a similar amount.
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