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Bitcoin 3x Short ETF

Bitcoin 3x Short ETF BTC3S Price N/A

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BTC3S Price

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General Info

Tags (Sub-Categories):

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Description

BTC3S is a Bitcoin 3 times short leverage ETF traded on MXC Exchange

Bitcoin 3x Short ETF (BTC3S) Chart

The Bitcoin 3x Short ETF to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

Additional Data

Listing Date

17 Mar 2020

All Time High

$ 2.77

18 Jun 2022


All Time Low

$ 0.00698

13 Jul 2023

What is Bitcoin 3x Short ETF (BTC3S)?

It is a product that tracks the yield rate of underlying assets with 3 times. Using BTC3L as an example, for every 1% BTC goes up in a day, BTC3L goes up 3%; for every 1% BTC goes down, BTC3L goes down 3%.

Leverage ETF is a perpetual product that has no settlement day. Theoretically, its price won''t totally reach zero, so it has no liquidation risks. Traders may buy/sell ETF at the secondary market at any time with no margin.

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