8 Stocks and 92 ETFs for diversifying BITI (ProShares Short Bitcoin ETF)
The least correlated asset to BITI (ProShares Short Bitcoin ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with BITI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| BTCW | WisdomTree Bitcoin Fund | $140M | N/A | N/A | -0.98 |
| EZBC | Franklin Templeton Digital Holdings Trust | $409M | N/A | N/A | -0.98 |
| BCOR | GRAYSCALE BITCOIN ADOPTERS ETF | $868M | N/A | N/A | -0.89 |
| MSTR | Strategy Inc - Class A | $33B | Technology | Software - Application | -0.81 |
| EMPD | Empery Digital Inc | $98M | Consumer Cyclical | Auto Manufacturers | -0.81 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.78 |
| ETH | Grayscale Investments LLC | $1.66B | N/A | N/A | -0.78 |
| COIN | Coinbase Global Inc - Class A | $44B | Financial Services | Financial Data & Stock Exchanges | -0.74 |