Leonteq’s product has a two-month maturity, while Vontobel’s is longer, but in both versions investors can exit early like regular exchange-traded instruments. Photo: ReutersHong Kong: Bitcoin bears now have another way to bet on price falls. Swiss structured products houses Vontobel AG and Leonteq Securities AG started separate products on Friday that allow investors to profit if the price of bitcoin tumbles. Intraday price swings of 10% or more are not uncommon in bitcoin trading. The ability to go long and short paves the way for investors to “take advantage of bitcoin’s significant price swings,” said Garrick Hileman, research fellow at the University of Cambridge.

Source: Mint November 17, 2017 15:33 UTC