Leveraged bitcoin futures ETF launch set for Tuesday

The first US-based ETF to offer leveraged long exposure to bitcoin futures contracts is set to launch this week.

Volatility Shares plans to debut its 2x Bitcoin Strategy ETF (BITX) on Tuesday, a spokesperson told Blockworks.

The fund seeks investment results that correspond to two times the excess return of the S&P CME Bitcoin Futures Daily Roll Index for a single day