Btfx Gives Investors Another Way To Gain Exposure To Bitcoin

Valkyrie Launches 2x Leveraged Bitcoin ETF

BTFX Gives Investors Another Way to Gain Exposure to Bitcoin

Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX)

NASHVILLE, Tenn., Feb. 22, 2024 /PRNewswire/ -- Valkyrie has launched the Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX), giving investors another way to gain exposure to bitcoin.

The BTFX ETF is designed to provide 2x the daily return of the CME CF Bitcoin Reference Rate, an index that tracks the price of bitcoin futures traded on the Chicago Mercantile Exchange.

"We are excited to launch the BTFX ETF, which provides investors with a convenient and cost-effective way to gain leveraged exposure to bitcoin," said Valkyrie CEO Steven McClurg. "The ETF is actively managed and designed to provide a high degree of precision in tracking the performance of bitcoin futures."

The BTFX ETF is listed on the Nasdaq Stock Market and trades under the ticker symbol BTFX. The ETF has an expense ratio of 0.95%.

For more information on the Valkyrie Bitcoin Futures Leveraged Strategy ETF, please visit www.valkyrieinvest.com.