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Q: Occasionally I develop a strong conviction on where the Bitcoin price is headed, and would like your thoughts on best way to play short-term, (1-7day), moves on this. Must be CDN listed and 2x vehicles would be fine as well.
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BetaPro Inverse Bitcoin ETF (BITI $23.58)
- $23.58 Cap: $33M
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Q: Hi Team I have not invested in Bitcoin but I am interested in BITI as a hedge as I see Bitcoin falling off and suspect it may the winner on a race to the bottom. I placed a small order and was flagged that there may be MER charges. So 2 questions. Is an inverse Bitcoin pure speculation or a plausible hedge. Are MER charges on ETF's normal? I would also like your recommendations on hedges that may be soflen a downturn....up to 3 questions now!
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