BitcoinNews on Nostr: NEW: ProShares files for ETFs tracking the S&P 500, Nasdaq-100, and ...
NEW: ProShares files for ETFs tracking the S&P 500, Nasdaq-100, and gold—denominated in Bitcoin.
These ETFs take long positions in stocks or gold while using Bitcoin futures to short USD and go long on BTC, making them essentially Bitcoin-hedged ETFs.
Via Nate Geraci
Published at
2024-12-28 23:04:38Event JSON
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"content": "NEW: ProShares files for ETFs tracking the S\u0026P 500, Nasdaq-100, and gold—denominated in Bitcoin.\n\nThese ETFs take long positions in stocks or gold while using Bitcoin futures to short USD and go long on BTC, making them essentially Bitcoin-hedged ETFs.\n\nVia Nate Geraci https://image.nostr.build/607a25609b2429f5cd6f0e374950c937916619b66429b53d77ef8b7089efe9ad.jpg ",
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