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✅ Valkyrie To Launch Second U.S. Bitcoin Futures ETF On Friday
✅ Valkyrie To Launch Second U.S. Bitcoin Futures ETF On Friday
It becomes the third ETF sponsor to get the green light from the regulator.
| | Now it's safe to say the deadlock has been broken on the ETF case, as Valkyrie Investments' bitcoin futures exchange-traded fund got the U.S. Securities and Exchange Commission approval. It will start trading on Nasdaq (ticker: BTF) on Friday, October 22nd. Valkyrie Investments' ETF became the third exchange-traded fund to get approved by SEC so far, after ProShares Bitcoin Strategy and VanEck. After laying off the decision for months, the Commission has finally pushed the green button, so we expect more approvals to come through soon. Exchange-traded funds are seen as a no-hassle way for traditional investors to diversify their portfolios via investing in digital currencies. There's been a growing demand for ETFs over the past year, which is bound to soar now the investors get access to the funds. For one, ProShares has already started strong, having attracted $570 million in its first day, with over $1 billion in trading. Godspeed, Valkyrie! To learn more, check this article out on Blockdesk. |
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