Not long after the launch of its Bitcoin Spot ETF, Valkyrie deviated from a 2x Leveraged ETF.
The fund is specially designed to bridge the gap between the traditional market and the digital asset market.
Valkyrie, a leading provider of the spot bitcoin exchange-traded funds (ETFs) now trading in the U.S. has shaken up the crypto space, with its most recent announcement. According to a press release shared by the digital asset investment management company, Valkyrie has officially launched a 2x Leveraged Bitcoin Futures ETF.
Per the announcement, the Valkyrie Bitcoin Futures Leveraged Strategy ETF is a leveraged Bitcoin futures ETF that is designed to track and measure the performance of the CME Bitcoin Futures market and is rolled on a scheduled basis.
The fund will go on to provide daily investment results, along with expenses and before fees that align with two times the daily performance of the S&P CME Bitcoin Futures Index. This will primarily be done through the firm’s inves
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