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InvestmentsOne for bears, the other with ‘leverage for ants’ By Cointelegraph

One for bears, the other with ‘leverage for ants’ By Cointelegraph


© Reuters

Exchange-traded fund issuer Direxion has filed for a product that may allow speculators to purchase contracts that brief the worth of .

In a submitting made to the U.S. Securities and Exchange Commission on Oct. 26, the firm unveiled the Direxion Bitcoin Strategy Bear ETF. Like other futures merchandise, it won’t make investments instantly in BTC, however will as an alternative preserve managed brief publicity place contracts issued by the Chicago Mercantile Exchange (CME).

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