First Short Bitcoin ETF to List on NYSE
— Futures, Bitcoin, Similar effect, First firm, Short, Listing, Bitcoin futures etf, October, Weeks, Factor — 1 min read
ProShares was the first firm to list a bitcoin futures ETF in October, a factor which saw the world's largest crypto hit an all-time high of around $68,900 in the subsequent weeks. Bitcoin investors will be hoping the listing of a short bitcoin futuresETF does not have a similar effect on the market in reverse. ProShares listed a short Bitcoin futures ETF last month, with the price of the short-term value of the asset at around $70,000. The short-Bitcoin futures ETF is set to be listed by ProShares, which is expected to be worth around $100,000 per cent of the total value in the short market value of bitcoin futures and short-London value of $1,500 per cent. Source