Bloomberg Analyst: A Second Bitcoin Futures ETF Could Start Trading This Week

  • Bloomberg gained an inventory motion from Valkyrie Budget for his or her bitcoin futures ETF.
  • The Valkyrie Bitcoin Technique ETF may just start buying and selling on Wednesday or Thursday after ProShares’ bitcoin futures ETF begins buying and selling day after today.
  • Alternatively, there’s nonetheless one ultimate step prior to showed checklist at the NYSE  a post-effective prospectus submitting.

Bloomberg gained an inventory motion from Valkyrie Budget for his or her bitcoin futures exchange-traded fund (ETF), its analyst James Seyffart stated. The Valkyrie Bitcoin Technique ETF was once regarded as beginning buying and selling as early as day after today, October 19, below the ticker image “BTF.” Alternatively, new data from Bloomberg ETF analyst Eric Balchunas signifies it could get started buying and selling on Wednesday or Thursday. A post-effective prospectus submitting with the U.S. Securities and Alternate Fee (SEC) is the ultimate piece of the puzzle lacking for checklist affirmation.

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