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Double or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin Bets

2 years ago
in Bitcoin
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On Tuesday, Proshares launched two new choices: the Extremely Bitcoin exchange-traded fund, sporting the ticker BITU, and the Ultrashort Bitcoin exchange-traded fund (ETF), referred to as SBIT. Whereas BITU is designed to ship two instances the each day returns of bitcoin, SBIT is structured to provide double the inverse of bitcoin’s each day returns. Proshares Introduces Leveraged and […]



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Tags: BearishBetsBitcoinBITUBullishDoubleETFsProSharesSBITUnveils
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