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3232Double or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin Bets
https://www.digit.info/double-or-nothing-proshares-unveils-bitu-and-sbit-etfs-for-bullish-and-bearish-bitcoin-bets/
Wed, 03 Apr 2024 18:34:34 +0000https://www.digit.info/2024/04/03/double-or-nothing-proshares-unveils-bitu-and-sbit-etfs-for-bullish-and-bearish-bitcoin-bets/Read more]]>On Tuesday, Proshares introduced two new offerings: the Ultra Bitcoin exchange-traded fund, sporting the ticker BITU, and the Ultrashort Bitcoin exchange-traded fund (ETF), known as SBIT. While BITU is designed to deliver two times the daily returns of bitcoin, SBIT is structured to produce double the inverse of bitcoin’s daily returns. Proshares Introduces Leveraged and […]
On Tuesday, Proshares introduced two new offerings: the Ultra Bitcoin exchange-traded fund, sporting the ticker BITU, and the Ultrashort Bitcoin exchange-traded fund (ETF), known as SBIT. While BITU is designed to deliver two times the daily returns of bitcoin, SBIT is structured to produce double the inverse of bitcoin’s daily returns. Proshares Introduces Leveraged and […]
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