Boerse Stuttgart lists short bitcoin ETP

Ridhima Sharma
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Boerse Stuttgart lists short bitcoin ETP

A new exchange-traded product (ETPs) that tracks the inverse value of Bitcoin BTC is now available for trading on the Boerse Stuttgart in Euro. Unprecedented in the crypto space as well as the ETP world, the tracker product's value represents the inverse performance of the underlying asset Bitcoin BTC; when the price of Bitcoin goes down, the ETP goes up correspondingly, minus a daily management fee. The product is fully hedged with the corresponding underlying asset 1:1. The launch of ...

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