BITI: It Is Too Late To Short Bitcoin

BITI: It Is Too Late To Short Bitcoin


Seeking Alpha
2022-06-22 14:05:48

Last October, ProShares introduced the first ETF for Bitcoin just as the cryptocurrency was hitting all-time highs.Now, it is introducing the first short Bitcoin-linked ETF.The timing to short is as bad as the timing to go long was last October.I would avoid this ETF.