ProShares is launching a short bitcoin ETF this week
![ProShares is launching a short bitcoin ETF this week](https://ussnsimg.moomoo.com/1655784953212-102465736-android-org.png/bigmoo)
Eight months after establishing the first U.S. bitcoin futures ETF, ProShares plans to launch the first short bitcoin-linked ETF on Tuesday in the U.S.
The ProShares Short $Bitcoin(BTC.CC$ Strategy is designed to give investors a way to profit from declines in the price of the cryptocurrency.
Bitcoin fell to new a new 2022 low over the weekend of $17,601.58, after six months of declines amid the broader sell-off in risk assets.
The ProShares Short $Bitcoin(BTC.CC$ Strategy is designed to give investors a way to profit from declines in the price of the cryptocurrency.
Bitcoin fell to new a new 2022 low over the weekend of $17,601.58, after six months of declines amid the broader sell-off in risk assets.
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1994CM : Bitcoin on a downward trend currently.
Tyler Maltz OP 1994CM :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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