![21Shares Short Bitcoin ETP One-pager](https://cdn.prod.website-files.com/65c604945a2df390f793778e/6602dd917835616ec47827da_image%20(88)%20(1).webp)
The 21Shares Short Bitcoin ETP (Ticker: SBTC | ISIN: CH0514065058) seeks to prove a -1x return to the performance of Bitcoin for a single day. The product obtains daily short exposure by borrowing Bitcoin and simultaneously selling it on an execution platform. This one-pager gives a brief overview of SBTC and explains the role it can play in one's portfolio.