Crypto Is in Chaos, Short Bitcoin in BITI
November 11, 2022 at 14:00 PM EST
The news that crypto platform FTX collapsed this week, failing to find a buyer to provide crucial liquidity, has rocked the digital assets landscape. With FTX CEO Sam Bankman-Fried resigning and FTX filing for bankruptcy, now may be the time for investors to short Bitcoin via the ProShares Short Bitcoin Strategy ETF ( BITI ).