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BITI News and Press, Biotie Therapies Corp. From 06/24/23

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Company Name: Biotie Therapies Corp.
Stock Symbol: BITI
Market: NYSE

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BITI - BOIL and YINN among ETF weekly movers

2023-06-24 10:30:43 ET Gainers: Ultra Bloomberg Natural gas 2X ETF ( BOIL ) +14% . FTSE China Bear -3X Direxion ( YANG ) +24% . Semiconductor Bear -3X Direxion ( SOXS ) +16% . Ultrashort MSCI Japan -2X ETF ( EWV ) +9% . Losers: Regio...

BITI - The State Of Crypto ETFs In 2023

2023-05-05 08:00:00 ET Summary Some investors may still be reluctant to invest in crypto despite bitcoin prices rising back to near the $30,000 level, while some long-term crypto fans are still adding to their crypto allocations. With lower prices and some investor reluctance, sev...

BITI - Sell Bitcoin In May And Go Away (Until It Crosses This Moving Average)

2023-04-23 01:10:30 ET Summary If we get a hard landing, expect speculative assets to do poorly again. For a recession, we recommend exposure to BTC-USD ETFs (short). Bitcoin historically has responded well to the 23-day moving average. Bitcoin just dropped below its 23-da...

BITI - Forecast 2023 (First Quarter Update): Starting To Prepare For A Bottom

2023-03-28 03:00:26 ET Summary I remain bearish on the equity markets for the next few months. I am building cash reserves and availing myself of money market yields in excess of 4.5%. When the bottoming process starts, I'll be looking to strategically deploy capital in a disc...

BITI - BITO and DPST among ETF weekly movers

2023-03-18 10:35:44 ET Gainers: Graniteshares Coinbase 1.5X daily ETF ( CONL ) +65% . Microsectors Gold Miners 3X ETN ( GDXU ) +37% . Proshares Bitcoin Stratefy ETF ( BITO ) +36% . Vaneck ETF Trsust Vaneck Bitcoin Strategy ( XBTF ) +35% . ...

BITI - BITI: A Way To Short Bitcoin Without Leverage; Buy Rating In Small Size

Summary BITI is a relatively new ETF that aims to do one thing: profit from a decline in the price of Bitcoin. One thing investors can agree on about Bitcoin: it is very volatile. I've  invested in single-inverse ETFs since they have existed. Its nice to have one for this purpose. ...

BITI - Forecast 2023 - Likely More Of 2022

Summary 2022 provided long only investors with poor returns, both in equity and fixed income markets. With M-2 money supply growth slowing and a profits recession on the horizon, 2023 is likely to look a lot like 2022, particularly in the first half of the year. My portfolio allocat...

BITI - Bitcoin tumbles below $18K but the BITI ETF surges in response

The crypto landscape continues to tumble as Bitcoin ( BTC-USD ) now trades below the $18K handle. However, despite its drop off, the one exchange traded fund that has taken advantage of the selloff is the ProShares Short Bitcoin Strategy ETF ( NYSEARCA: BITI ). BITI is a...

BITI - Bitcoin Is Nothing Either Good Or Bad, But Sizing Makes It So

If you'd put $100,000 of your savings into Bitcoin at the end of 2020 and are still HODLring those coins today, you’d be down on your investment. If you'd gone short BTC at the end of 2020, you'd also be down. How is it possible to be down both ways on a trade? There&#x...

BITI - Crypto Logs: Bitcoin ETFs Vs. Index-Based Crypto ETFs

Many investors are choosing to access Bitcoin through traditional ETF wrappers due to their relative simplicity and familiarity. Futures-based Bitcoin ETFs track Bitcoin futures rather than an underlying index of equities. Spot Bitcoin ETFs already exist in other geographies inclu...

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