Wednesday, May 25, 2022
Home Crypto News Market Second Bitcoin ETF, Valkyrie Bitcoin Strategy ETF (BTF) Started Trading On...

Second Bitcoin ETF, Valkyrie Bitcoin Strategy ETF (BTF) Started Trading On Nasdaq

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On the Nasdaq Stock Exchange under the ticker BTF, a Bitcoin futures ETF from Valkyrie Investments began trading at a price of $25.5.


BTF tracks the value of Chicago Mercantile Exchange (CME) Bitcoin futures.

Bloomberg analyst Eric Balchunas noted that in the first five minutes after the launch, the trading volume of BTF amounted to $10 million, which was $30 million for Proshares BTC ETF.

 

 

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The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

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