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Double or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin Bets – Finance Bitcoin News

April 3, 2024
in Cryptocurrency
Reading Time: 1 min read
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Double or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin BetsOn Tuesday, Proshares launched two new choices: the Extremely Bitcoin exchange-traded fund, sporting the ticker BITU, and the Ultrashort Bitcoin exchange-traded fund (ETF), referred to as SBIT. Whereas BITU is designed to ship two instances the every day returns of bitcoin, SBIT is structured to supply double the inverse of bitcoin’s every day returns. Proshares Introduces Leveraged and […]

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Tags: BearishbetsBitcoinBitcoin (BTC)BITUBTCBullishCryptoCryptocurrencydoubleEric BalchunasETF performanceETF VolumeETFsFinancenewsNYSEProsharesProshares ETFSBITUnveils
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