📉 Currency manager Valkyrie has launched a second ETF linked to Bitcoin (BTC) futures, following the listing of a BTC spot ETF in January.
- In a Feb. 22 announcement, Valkyrie said shares of its Bitcoin Futures Leveraged Strategy ETF are available for trading on Nasdaq under the ticker symbol BTFX.
- The fund is described as a leveraged Bitcoin futures ETF with investment results of twice the "performance of the CME Bitcoin futures market [...] on a planned basis."
- Valkyrie previously introduced a similar investment vehicle related to Bitcoin futures on Nasdaq under the ticker BTFD.