One for bears, the other with ‘leverage for ants’ -Breaking
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© Reuters Direxion, an exchange-traded fund provider has applied for a product to allow speculators buy short contracts at a fraction of the cost.
You can find out more atFilingOn October 26, Direxion Bitcoin Strategy Bear ETF was unveiled by the U.S Securities and Exchange Commission. As with other futures products the Direxion Bitcoin Strategy Bear ETF will not directly invest in BTC but rather will manage short exposure position contracts that are issued by Chicago Mercantile Exchange.
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