ProShares Trust - ProShares Short Bitcoin Strategy ETF company info

What does ProShares Trust - ProShares Short Bitcoin Strategy ETF do?
ProShares Trust - ProShares Short Bitcoin Strategy ETF (NYSEARCA:BITI) operates as an exchange-traded fund (ETF) designed to provide investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of Bitcoin. Essentially, this ETF allows investors to profit from declines in the Bitcoin price, offering a unique approach to cryptocurrency exposure without directly shorting Bitcoin. The fund achieves its investment objective by engaging in financial instruments, including Bitcoin futures contracts. ProShares Short Bitcoin Strategy ETF aims to offer investors a tool to hedge against Bitcoin price downturns or to speculate on declines, addressing a niche demand in the evolving cryptocurrency investment landscape.
ProShares Trust - ProShares Short Bitcoin Strategy ETF company media
Company Snapshot

Is ProShares Trust - ProShares Short Bitcoin Strategy ETF a public or private company?

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Ownership
Public

How many people does ProShares Trust - ProShares Short Bitcoin Strategy ETF employ?

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Employees
155

What sector is ProShares Trust - ProShares Short Bitcoin Strategy ETF in?

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Sector
ETF

Where is the head office for ProShares Trust - ProShares Short Bitcoin Strategy ETF?

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Head Office
Bethesda, United States

What year was ProShares Trust - ProShares Short Bitcoin Strategy ETF founded?

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Year Founded
2022
What does ProShares Trust - ProShares Short Bitcoin Strategy ETF specialise in?
/Bitcoin Shorting /Financial Services /ETF Provider /Risk Management /Portfolio Diversification /Investment Strategies
What are the products and/or services of ProShares Trust - ProShares Short Bitcoin Strategy ETF?
Overview of ProShares Trust - ProShares Short Bitcoin Strategy ETF offerings
Provides investors with an opportunity to profit from declines in the price of Bitcoin.
Aims to deliver the inverse of the daily performance of Bitcoin.
Employs derivatives and financial instruments to achieve its investment objective.
Offers a traditional investment vehicle for investors skeptical about directly investing in cryptocurrencies.
Managed by experienced professionals with expertise in sophisticated financial instruments.
Accessible through standard brokerage accounts, simplifying the process of betting against Bitcoin.