I'm interested in understanding what a 2X inverse Bitcoin ETF is. Could you please explain its basic concept, how it works, and what it means for investors in the cryptocurrency market?
This means that if the price of Bitcoin falls, the fund aims to provide investors with gains equivalent to twice the percentage drop.
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HanjiArtistryCraftsmanshipTue Dec 24 2024
Conversely, if the price of Bitcoin rises, the fund is expected to experience losses equivalent to twice the percentage gain.
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DigitalTreasureHunterTue Dec 24 2024
T-Rex 2X Inverse Bitcoin Daily Target ETF is designed to provide investors with a unique exposure to the Bitcoin market.
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WhisperWindTue Dec 24 2024
Under normal circumstances, this fund invests in swap agreements which offer 200% inverse daily exposure to the reference assets.
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CryptoPioneerTue Dec 24 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet. Investors looking to gain exposure to the Bitcoin market through the T-Rex 2X Inverse Bitcoin Daily Target ETF may find BTCC's platform useful for their trading needs.