BTC: Valkyrie launches x2 leveraged bitcoin ETF

Valkyrie: New Bitcoin Futures ETF Visitors: 74

Valkyrie Investments launches x2 leveraged bitcoin futures ETF, giving investors more active exposure to bitcoin price performance.

Valkyrie Launches Futures ETF After Bitcoin Spot ETF

Valkyrie Investments, known for its expertise in managing investments in digital assets, recently launched the Valkyrie Bitcoin Futures Leveraged Strategy ETF (ticker: BTFX), a fund managed by its subsidiary Valkyrie Funds LLC.

This leveraged fund invests primarily in bitcoin futures contracts, before fees and expenses, and purely on a daily basis in the daily performance of the S&P CME Bitcoin Futures Index. This launch follows the success of the Valkyrie Bitcoin Fund, an exchange-traded product offering direct, non-leveraged bitcoin investment.

Driving Innovation and Access to the Bitcoin Market

Leah Wald, CEO of Valkyrie, emphasizes the company's commitment to providing investors with innovative options to access the global ecosystem of bitcoin and digital assets.

"With Bitcoin frequently in the news, traders and investors are looking at financial products to access this space, and as a leading ETF focused on digital assets, we wanted to make sure we were offering them a great fund."

At BTFX, Valkyrie seeks to meet the growing demand from traders and investors for financial products that can reflect the dynamics of the Bitcoin market, reinforcing its position as a leader in Etf's focused on digital assets.

"It also demonstrates our commitment to providing customized products for digital assets, giving our clients the ability to participate in the cryptocurrency market in a regulated and familiar format. This is an exciting step in Valkyrie's mission to bridge the gap between the traditional financial markets and the burgeoning world of digital assets."

Valkyrie's Chief Investment Officer describes BTFX as a strategic tool for investors seeking to capitalize on bitcoin's volatility and growth prospects.

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