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ProShares, the fund manager behind the first U.S. Bitcoin futures ETF recently applied for a new product that will allow betting against the token. A filing with the U.S. Securities and Exchange Commission showed that ProShares intended to launch the Short Bitcoin Strategy ETF, which will move inversely to a CME index that tracks Bitcoin
The post Breaking: This Proposed ETF Could Allow Betting Against Bitcoin (BTC) appeared first on CoinGape.
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