A new ETF trading on the NYSE arca.
BITI
For those interested in shorting bitcoin with the only downside if BTC rises is losing your wager and no more than your bet, unlike selling BTC Futures nor actively shorting BTC.
It has a rather high expense ratio, close to 1%, which seems fair considering the volatility and all the dealings with the CME and mathematics way beyond this finger counter that is involved with BTC, options and futures. It is way beyond counting down dart throws to…
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