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ProShares Files For Short Bitcoin Futures ETF

The ETF company ProShares has announced their filing with the SEC for a Short Bitcoin Futures ETF. If the filing is accepted it would be the first spot Bitcoin ETF in the U.S. If all goes well the filing would have a public offering in 75 days but these filings have been known to be delayed or declined.

ETF Newz Says:

The ETF would allow investors to bet against Bitcoin by tracking an inverse of a Bitcoin futures index.