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BetaPro Inverse Bitcoin ETF T.BITI

Alternate Symbol(s):  HZBCF

BITI seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to one times (100%) the inverse (opposite) of the daily performance of the Horizons Bitcoin Front Month Rolling Futures Index ER (the Underlying Index, Bloomberg ticker: HBITCNER). If BITI is successful in meeting its investment objective, its net asset value should gain approximately as much on a given day, on a percentage basis, as the Underlying Index, when this Underlying Index declines on that given day. Conversely, BITIs net asset value should lose approximately as much on a given day, on a percentage basis, as the Underlying Index when this Underlying Index rises on that given day. BITI takes positions in financial instruments that, in combination, should have similar daily return characteristics as up to one times (100%) the inverse (opposite) performance of the Underlying Index.


TSX:BITI - Post by User

BetaPro Inverse Bitcoin ETF > Back in Again $13.60
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Comment by halfcentmanon Oct 04, 2021 8:08pm
79 Views
Post# 33965109

RE:Back in Again $13.60

RE:Back in Again $13.60The 10% drop was not supported by a corresponding gain in BTC. This is a 1:1 product. It does not track.
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