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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. In addition to classic broad-market index funds, ProFunds offers leveraged and inverse funds that track a variety of broad market, sector 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 Strategy ProFund (BITIX) is the first mutual fund offering investors a convenient way to add inverse bitcoin-linked exposure to their portfolios.