ProShares files for S&P 500, Nasdaq-100, and gold ETFs denominated in BTC.

ProShares files for S&amp;P 500, Nasdaq-100, &amp; gold ETFs denominated in btc…

Basically a long position in underlying stocks or gold &amp; then a short usd/long btc position using btc futures.

I’m calling these btc hedged ETFs.

Bitcoin is starting to eat tradfi. https://t.co/6gsThIWvFT

Nate Geraci

ProShares files for S&P 500, Nasdaq-100, and gold ETFs denominated in BTC.

https://x.com/NateGeraci/status/1872816010908320094