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Bullboard - Stock Discussion Forum 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... see more

TSX:BITI - Post Discussion

BetaPro Inverse Bitcoin ETF > Added a bit on Friday
View:
Post by Lawyerup on Apr 19, 2021 1:13pm

Added a bit on Friday

With Cryptocurrencies at all time highs I decided to throw $5,000 into this on Friday to hedge my bets.  Seems to have paid off so far on Monday.  This ETF is definitely only a buy to hang onto for a very short period of time.  See where bitcoin goes this week but I probably will sell later this week.
Comment by Shadow1973 on Apr 23, 2021 8:35pm
I hope you held on to the BTC short until today. Nice move.
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