1M
Market data provided by Alpha Vantage and CryptoCompare. Not investment advice, for informational purposes only. Historical performance is not an indication of future performance.
As of Dec 01, 2023
Net Asset Value:
$0.57
Assets Under Management:
$5,221,799
YTD Return:
-67.41%
1D Change:
-2.17%
Overview
Description
The 21Shares Short Bitcoin ETP (Ticker: SBTC) seeks to provide a -1x return to the performance of Bitcoin for a single day. This product obtains short exposure through borrowing Bitcoin and simultaneously selling it on an execution platform.
Eligible collateral for this product are USD/USDC and Bitcoin.
Disclaimer
This product is designed to provide a -1x exposure to Bitcoin's performance on a daily basis. Investors who are contemplating such exposure should be mindful of the recommended holding period. For periods of longer than one day, the return of the product is not the same since the total return of the performance is multiplied by a factor of minus one. This is simply because the factor of minus one is reset on a daily basis.
Inverse ETPs are not suitable to all investors. This product is only intended for investors who understand the risks investing in a product with short exposure and intend to invest on a short-term basis.
Benefits
Inverse Crypto
Designed to enable investors to profit from adverse price movements of Bitcoin.
Daily Rebalancing
In contrast to shorting trading strategies, the inverse ETP resets at the end of each day and performance is not rolled over. It is recommended for shorter holding periods.
Institutional Grade Setup
21Shares works with industry leading lending facilities in the crypto industry, custodians and trading desks to ensure the highest level of professionalism.
Intraday Liquidity
Investors can trade the inverse ETP and open/close trading positions during trading hours to react quickly to sudden price movements.
Cumulative %
As of Dec 01, 2023NAV
1 Month
-11.25%
3 Months
-36.91%
YTD
-67.41%
Since Inception
-97.22%
How to invest: A step by step guide
Everything you need to know to invest in our products at 21shares.1
Search for a specific ETP by using its ticker symbol, ISIN or name on the bank/broker platform
2
Select the number of ETP shares you wish to purchase and specify the order type (market order, limit order, stop loss, etc.)
3
Review your order to ensure accuracy and confirm the trade
4
After the ETP order is executed, you can track the investment's performance through your brokerage account
*It is important to note that market orders will execute at current market price, while limit orders allow investors to set a specific price at which to buy or sell the ETP.
Easy to buy through your bank or brokerage.
Buy 21Shares ETPs with no special set up using the account you already have.