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.
Thanks
Thanks
5i Research Answer:
While we generally prefer a buy-and-hold strategy with a long-term timeframe, a few Canadian BTC ETFs that can be used for trading include:
Long: FBTC.TO, IBIT.TO
Short/Inverse: BITI.TO
Although, we would caution on inverse ETFs as there is natural decay involved.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in FBTC, IBIT.