Hong Kong debuts Asia’s first inverse Bitcoin ETFs: Time to bet on bears?

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Hong Kong Debuts Asia's First Inverse Bitcoin ETF. The ETF allows investors to profit from Bitcoin market volatility

The crypto world is buzzing as Hong Kong unveils Asia’s first inverse BTC ETFs. As reported by local media, the inverse BTC ETFs will start trading on the 23rd of July.

Unlike the usual BTC ETFs, the fund allows investors to bet against the market. Therefore, it allows traders to profit from BTC’s decline in prices.

 

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