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

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

In a submitting made to the U.S. Securities and Change Fee on Oct. 26, the corporate unveiled the Direxion Bitcoin Technique Bear ETF. Like different futures merchandise, it won’t make investments straight in BTC, however will as a substitute preserve managed brief publicity place contracts issued by the Chicago Mercantile Change (CME).

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