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

By: ETF Trends

June 21, 2022 at 11:06 AM EDT

ProShares has publicly launched the first short bitcoin-linked ETF in the United States. The ProShares Short Bitcoin Strategy ETF (NYSE Arca: BITI) provides a way for investors to potentially profit from a decline in the price of bitcoin or hedge their cryptocurrency exposure with the convenience...

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