ProShares, which debuted the first bitcoin futures ETF in October 2021, launches the first ETF to short bitcoin in the US, on the NYSE under the BITI ticker (Jamie Crawley/CoinDesk)


Jamie Crawley / CoinDesk:

ProShares, which debuted the first bitcoin futures ETF in October 2021, launches the first ETF to short bitcoin in the US, on the NYSE under the BITI ticker  —  The exchange-traded fund will allow investors to hedge their bitcoin exposure, which may prove particularly pertinent given the sharp downturn in crypto markets of late.

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