SBTC
100% physically backed by USDC and cash, a stablecoin pegged to the U.S. dollar, the 21Shares Short Bitcoin ETP (SBTC) tracks the inverse performance of Bitcoin, resulting in -1x returns of Bitcoin. This ETP is part of a suite designed to equip experienced investors with a toolkit for tactical exposures.
Overview
Description
100% physically backed by USDC and cash, a stablecoin pegged to the U.S. dollar, the 21Shares Short Bitcoin ETP (SBTC) tracks the inverse performance of Bitcoin, resulting in -1x returns of Bitcoin. This ETP is part of a suite designed to equip experienced investors with a toolkit for tactical exposures.
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
Modulate exposure
For experienced investors looking to capitalize on daily market fluctuations, SBTC provides tactical exposures and an easy way to make portfolio adjustments.
Tactical toolkit
SBTC is part of a product suite offering investors a familiar way to take a tactical position in the crypto market through easy-to-trade investment products.
100% physically backed
SBTC is 100% physically backed by USDC and cash and kept in cold storage by an institutional-grade custodian, offering greater protection than custody options available to individual investors.
Carbon Neutral
21Shares has participated in carbon offset schemes since 2018. Our commitment involves offsetting our carbon footprint through green initiatives, like cleaner power generation, reforestation efforts, and coral reef protection, all geared towards safeguarding the planet for future generations.
Documents
Key Information
Ticker Symbols
Performance
Market data provided by Alpha Vantage and CryptoCompare. Not investment advice, for informational purposes only. Historical performance is not an indication of future performance.
Cumulative%
Additional Information
Trading
Service Providers
How to invest: A step by step guide
Why 21Shares
Innovative Products
Unlock the future of investment with the world's first and largest range of crypto ETPs, enhancing the security and accessibility of digital asset investment.
Trusted Expertise
Invest with confidence as you explore the crypto space with our team of blockchain and financial industry experts, providing valuable market insights and ensuring compliance throughout your investment journey.
Unmatched Accessibility
Experience broad access to the crypto markets through our extensive product range, offering seamless trading on global exchanges and brokers.