Cryptocurrency

Second Bitcoin ETF In The US To Trade On Friday



  • The second bitcoin-linked ETF in the U.S., the Valkyrie Bitcoin Strategy ETF, is set to begin trading on Friday.
  • The fund, which tried listing as BTFD, has backtracked and will list under the ticker symbol BTF.
  • The third bitcoin futures ETF is set to launch on Monday.

Valkyrie’s bitcoin-linked exchange-traded fund (ETF) has beaten VanEck in the race and will list the second bitcoin futures ETF in the U.S. on Friday, October 22. VanEck is set to launch its own offering on Monday, October 25, the third of its kind in the country.

The Valkyrie Bitcoin Strategy ETF ($BTF) will start trading on Friday, according to senior ETF analyst at Bloomberg Eric Balchunas. The asset manager likely exploited “its status as a first time issuer [to] skip the queue by requesting to become effective,” Balchunas previously said, leading Valkyrie up the line and ahead of VanEck.





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