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Germany’s Second-Largest Stock Exchange Boerse Stuttgart Lists Short Bitcoin ETP

Ramsey Baker

Summary: Boerse Stuttgart, Germany’s second-largest stock exchange, announced the listing of an exchange-traded product (ETP) that is inversely correlated to the Bitcoin’s (BTC) price swings. The inverse ETP, named the Bitcoin ETP (SBTC), will give investors a positive return whenever Bitcoin’s price falls, although investors will have to pay a daily management fee. By Ramsey Baker

Boerse Stuttgart, Germany’s second-largest stock exchange, announced the listing of an exchange-traded product (ETP) that is inversely correlated to the Bitcoin’s (BTC) price swings.

The inverse ETP, named the Bitcoin ETP (SBTC), will give investors a positive return whenever Bitcoin’s price falls, although investors will have to pay a daily management fee.

By Ramsey Baker

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Link: Germany’s Second-Largest Stock Exchange Boerse Stuttgart Lists Short Bitcoin ETP   [Copy]
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