21Shares Short Bitcoin ETP
ETF
ISIN CH0514065058 / Valor 51406505
NAV (2024-12-18)
USD 0.15+1.90%
21Shares Short Bitcoin ETP
UMushroom community rating:
The 21Shares Short Bitcoin ETP is designed to move in the opposite direction of Bitcoin's price by holding only USDC stablecoin and cash. This means that when Bitcoin’s value goes down, the ETP’s value goes up by the same amount, and vice versa. It provides investors with a straightforward way to bet against Bitcoin or hedge their existing Bitcoin investments using a simple, cash-based portfolio.
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