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 […]
Source link
Trending
- Kraken Debuts ‘Flexline’ Crypto-Secured Loans for Professional Traders
- Wearable startup CUDIS launches a new health ring line with an AI-fueled ‘coach’
- Study finds vegetarians over 80 less likely to reach 100
- What Is The Tech Industry Doing To Ensure Responsible AI Training?
- Madeira Terrace lift on Brighton seafront repairs underway
- Samsung shows off new display tech that adds a privacy screen to apps and notifications
- How Much Money the Actor & Comedian Has – Hollywood Life
- Inside the story of the US defense contractor who leaked hacking tools to Russia
Double or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin Bets
By bibhuti
