As the crypto winter setles with bitcoin dipping below US$20,000 hitting investors hard we look at the latest developments in the structured products crypto space.
US-based ETF issuer ProShares launched on Monday (20 June) an inverse bitcoin ETF to offer investors a bet against the market’s leading digital asset. The ETF was listed shortly after last weekend’s pullback, which saw the token’s price slide below $18,000. As recent times have shown, bitcoin can drop in value - Michael L. Sapir, ProShares The ProShares Short Bitcoin Strategy (BITI) includes a management fee of 0.95%. BITI is the first bitcoin-linked futures ETF to bet &lsq
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