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home / news releases / GLD - BITI: It Is Too Late To Short Bitcoin

GLD - BITI: It Is Too Late To Short Bitcoin

SPDR Gold Trust
  • Last October, ProShares introduced the first ETF for Bitcoin just as the cryptocurrency was hitting all-time highs.
  • Now, it is introducing the first short Bitcoin-linked ETF.
  • The timing to short is as bad as the timing to go long was last October.
  • I would avoid this ETF.

For further details see:

BITI: It Is Too Late To Short Bitcoin
Stock Information
Company Name: SPDR Gold Trust
Stock Symbol: GLD
Market: NYSE
Website: spdrs.com
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