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Bitcoin Recovers Above $20K as Short ETF Sees Record $51M in Weekly Inflows

A ProShares product to bet against rising bitcoin prices saw millions of dollars in inflows last week.

Updated May 11, 2023, 4:43 p.m. Published Jul 6, 2022, 11:00 a.m.
A short bitcoin futures ETF allows investors to bet against the price of bitcoin.(Mediamodifier/Pixabay)
A short bitcoin futures ETF allows investors to bet against the price of bitcoin.(Mediamodifier/Pixabay)