ProShares submits three stock index and gold bitcoin hedge ETF applications to the US SEC
2024-12-28 01:51:09
Nate Geraci, president of the ETF Store, said in a social media post that ProShares had filed for the S & P 500, Nasdaq 100 and Bitcoin-denominated gold ETFs, which are basically made up of going long in underlying stocks or gold and then using bitcoin futures to short dollar/long bitcoin positions. He personally believes it is a "BTC hedged ETF".
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