21Shares Short Bitcoin ETP One-pager
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21Shares Short Bitcoin ETP One-pager

March 25, 2021
21Shares Short Bitcoin ETP One-pager

The 21Shares Short Bitcoin ETP (Ticker: SBTC | ISIN: CH0514065058) seeks to prove a -1x return to the performance of Bitcoin for a single day. The product obtains daily short exposure by borrowing Bitcoin and simultaneously selling it on an execution platform. This one-pager gives a brief overview of SBTC and explains the role it can play in one's portfolio.

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*It is important to note that market orders will execute at the current market price, while limit orders allow investors to set a specific price at which to buy or sell the ETP.