Which 3x commodity ETFs offer exposure to the digital asset market?
Riise CraigNov 28, 2020 · 5 years ago3 answers
Can you recommend any commodity ETFs that provide exposure to the digital asset market and have a 3x leverage?
3 answers
- Cedric DrappJul 14, 2020 · 5 years agoSure! One commodity ETF that offers exposure to the digital asset market and has a 3x leverage is the ProShares UltraPro 3x Crude Oil ETF (OILU). This ETF seeks to provide daily investment results that correspond to three times (3x) the daily performance of the Bloomberg WTI Crude Oil Subindex. It can be a good option for investors looking for amplified exposure to the digital asset market through the commodity sector.
- Opeyemih 66May 18, 2021 · 4 years agoAbsolutely! Another commodity ETF that you can consider is the Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares ETF (GUSH). This ETF aims to provide daily investment results that correspond to three times (3x) the daily performance of the S&P Oil & Gas Exploration & Production Select Industry Index. It can be a suitable choice for those seeking exposure to the digital asset market with a 3x leverage in the commodity sector.
- OrangeQuackSep 17, 2020 · 5 years agoCertainly! BYDFi, a digital asset exchange, offers a commodity ETF called BYD Commodity 3x ETF. This ETF is designed to provide three times (3x) the daily performance of a basket of commodity assets, including digital assets. It can be a great option for investors looking for exposure to the digital asset market with a 3x leverage. Please note that investing in ETFs involves risks, and it's important to do thorough research and consider your investment goals before making any decisions.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 4331626How to Withdraw Money from Binance to a Bank Account in the UAE?
1 04445Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 03475The Best DeFi Yield Farming Aggregators: A Trader's Guide
0 02960PooCoin App: Your Guide to DeFi Charting and Trading
0 02365ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance
0 02221
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More Topics