HOW TO MAKE MONEY ON BITCOIN GOING DOWN!

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Given the speculative nature of bitcoin and the volatility of the bitcoin markets, there is considerable risk that the ETF will not be able to meet its investment objectives. An investment in the ETF is not intended as a complete investment program and is appropriate only for investors who have the capacity to absorb a loss of some or all of their investment. An investment in the ETF is considered high risk. https://www.horizonsetfs.com/ETF/BITI

The performance of the Underlying Index to which the ETF is exposed, and therefore the performance of the ETF, can be expected to be very different from the spot prices of bitcoin on various crypto-asset trading venues (the “Bitcoin Prices”). The value of the Underlying Index may not be correlated to Bitcoin Prices. An investor should only consider an investment in the ETF if he or she understands all of the consequences of being negatively exposed to Bitcoin Futures.

Investors should monitor their investment in the ETF at least daily.

Horizon’s BetaPro Inverse Bitcoin ETF will provide up to 100% the inverse daily performance of an index that, according to the statement, “replicates the returns generated over time through exposure to long notional investments in Bitcoin futures.” It will charge a 1.45% management fee, while a sister product called BetaPro Bitcoin ETF (HBIT), also debuting Thursday, will cost 1.00% and track Bitc

Read more at: https://www.bloombergquint.com/market...
Copyright © BloombergQuint


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