HAM Launches Hedged Bitcoin ETF HBIT
Hedgeye Asset Management, LLC (HAM) has launched the Hedgeye Hedged Bitcoin ETF (NYSE: HBIT). This actively managed ETF aims to provide opportunities for investors seeking exposure to Bitcoin, with a focus on reducing volatility and managing downside risk. HBIT primarily invests in U.S.-listed spot Bitcoin exchange-traded products, including the iShares Bitcoin Trust ETF (IBIT), to achieve long-term capital appreciation. The fund does not invest directly in Bitcoin.
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