Assets, Bitcoin

Can I Short Bitcoin on Etrade?

As Bitcoin climbs to all-time highs, many investors are wondering if they can short Bitcoin on Etrade. The answer is yes! Etrade offers both CFD contracts and traditional futures contracts for Bitcoin, so investors can choose the contract that best suits their needs.

CFD contracts allow investors to speculate on the price of Bitcoin without actually owning any Bitcoin, and so they can profit from both rising and falling prices. Futures contracts, on the other hand, require the investor to actually purchase the underlying asset (in this case, Bitcoin) and so they can only profit from a rising price.

Both CFD contracts and futures contracts have their own advantages and disadvantages, so it’s important for investors to carefully consider which type of contract is right for them before trading.

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