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ProShares' short ETF launched after bitcoin fell to 18-month lows

Investors in the US can now cash in on tumbling bitcoin prices by betting against the embattled cryptocurrency using a new exchange-traded fund.

The new ETF, launched by ProShares, listed on the New York Stock Exchange on 21 June, allowing investors to hedge their bitcoin exposure amid a sharp drop in prices over recent weeks.

Want to short bitcoin in the US? There’s now an ETF for that

Alex Daniel

Chicago Mercantile Exchange

Celsius

London Stock Exchange fires US employee after video of ‘racist’ altercation

‘I was considered the most junior person in the room’: Senior disabled finance workers on promotion battles and prejudiced attitudes

JPMorgan boss Jamie Dimon to meet chancellor Rachel Reeves ahead of Labour government’s first Budget

Abrdn names tech chief for investments unit in latest appointment under Jason Windsor

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Alain Courbebaisse will take on role in the new year

Simpson Thacher hires Sidley Austin finance duo in London

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Leveraged finance lawyers are in high demand in London

Trading Places: EY names UK financial services head, BofA promotes 387 MDs

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Find out who is on the move in the City and beyond this week

Season’s greetings videos from Blackstone and Apollo feature offbeat images including a CEO on horseback.

The Latest Clash of the Buyout Titans? Cheesy Holiday Videos

The long-term partnership between Caceis and Santander will be maintained but the Latin American joint venture isn’t part of the transaction and will remain controlled by both entities.

Santander to Sell Stake in Asset Manager Caceis Back to Credit Agricole 

Santander to Sell Stake in Credit Agricole’s Caceis Back to French Bank

Gamblers Anonymous meetings are filling up with people hooked on trading and betting.

More Men Are Addicted to the ‘Crack Cocaine’ of the Stock Market

A clash between the Broccoli family, which has creative control over 007, and the e-commerce giant, which owns the franchise, has put Bond’s future on pause.

James Bond Outdueled Goldfinger and Dr. No. Can He Win a Battle With Amazon?

The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.

Bank of England Keeps Rates Steady After Fed Move

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