BetaPro Crude Oil Inverse Leveraged Daily Bear ETF HBTPF

HBTPF Company Overview

BetaPro Crude Oil Inverse Leveraged Daily Bear ETF (OTC: HBTPF) is an exchange-traded fund managed by Horizons ETFs Management (Canada) Inc., part of the broader Horizons ETFs platform. The fund is designed to provide daily investment results that correspond to approximately two times the inverse (-2x) of the daily performance of crude oil futures benchmarks, primarily through exposure to West Texas Intermediate (WTI) crude oil futures contracts and related derivatives. The ETF operates within the leveraged and inverse ETF segment of the asset management and commodities investment industry.

The fund primarily serves active traders, institutional investors, and sophisticated retail investors seeking short-term tactical exposure to declines in crude oil prices. Its positioning is based on daily leveraged inverse exposure rather than long-term buy-and-hold investing, and public filings emphasize that performance over periods longer than one day can materially differ from the target due to compounding effects. The ETF is part of the broader BetaPro by Horizons product suite, which specializes in leveraged, inverse, and tactical trading ETFs in Canada.