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ProFunds, founded in 1997, is a premier provider of a diverse lineup of mutual funds offering trading flexibility to all shareholders. ProFunds manages index funds across a broad range of sectors and asset classes, including crypto-linked, equities, fixed income, and currencies, as well as leveraged and inverse funds that track a variety of equity and non-equity benchmarks. Together with ProShares, which launched the first U.S. leveraged and inverse exchange traded funds (ETFs) in 2006, ProFunds and its affiliates are global leaders in leveraged and inverse fund investing.
The first and only U.S. mutual fund that targets the performance of bitcoin.
BTCFX invests in bitcoin futures and does not invest in bitcoin. There is no guarantee the fund will closely track bitcoin returns.
The Short Bitcoin ProFund (BITIX) is the first mutual fund offering investors a convenient way to add inverse bitcoin-linked exposure to their portfolios.