Valkyrie, which received spot Bitcoin ETF approval from the SEC, launched the 2x leveraged Bitcoin Futures ETF.
Valkyrie made the following statements in her statement:
“Valkyrie Investments Inc. (“Valkyrie”), a specialized digital asset investment management company, is excited to announce the launch of the Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ: BTFX).
BTFX's launch follows Valkyrie's successful launch of the Valkyrie Bitcoin Fund (Nasdaq: BRRR), a spot Bitcoin exchange-traded product that provides investors with direct, leverage-free exposure to Bitcoin.”
“The launch of BTFX represents our commitment to providing investors with innovative options for accessing Bitcoin and the digital asset ecosystem as a whole. With so much focus on Bitcoin right now, traders and investors are looking to take advantage of this space,” Valkyrie CEO Leah Wald said in the statement. “They're looking at how they can use financial instruments to fund their assets, and as the leader in digital asset-focused ETFs, we wanted to make sure we provide them with the ability to: It's going to be a great fund.” said.
*This is not investment advice.