Why The Bitcoin ‘Short’ ETF Is Good For BTC

ProShares is releasing a Bitcoin ETF that will short the price of BTC, but some surprising data shows shorters might be about to get rekt. Covered: Bitcoin Short ETF Announced Shorters Exiting Position Bitcoin Short ETF Announced ProShares launched their ProShares Short Bitcoin Strategy ETF (Ticker: BITI) today. It’s the first Bitcoin-related securities product that […]

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Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether – Bitcoin News

The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential to reap big rewards from shorting the world’s largest stablecoin is great. Investors Say Hedge Fund Devised a Method to Short Tether, Fir Tree Bets […]

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Why some hedge funds are shorting U.S. banks

The U.S. banking market recently underwent its annual stress test conducted by the Federal Reserve. This exercise, designed to evaluate the resilience of banks in the face of economic downturns, revealed a mixed bag of results that could have far-reaching implications for the cryptocurrency market, particularly Bitcoin. A stress test is a simulation used to […]

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