Valkyrie Bitcoin Futures Leveraged Strategy ETF Outlook
Description
The fund is an ETF that seeks to achieve its investment objective by investing its assets primarily in cash-settled Bitcoin Futures Contracts that trade only on an exchange registered with the Commodity Futures Trading Commission which currently is the Chicago Mercantile Exchange, and cash, cash-like instruments or high-quality securities that serve as collateral to the fund’s investments in Bitcoin Futures Contracts. The fund is non-diversified.
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $BTFX #bitcoin--Valkyrie launches 2x leverage bitcoin ETF giving investors another way to gain exposure to bitcoin's price action.