Valkyrie Launches Bitcoin Futures ETF on Nasdaq Exchange

Bitcoin and crypto financial services firm Valkyrie Funds will become the second firm to launch a Bitcoin futures-based ETF in the United States. The fund, BTF, aims to track the value of Chicago Mercantile Exchange (CME) Bitcoin futures.

Leah Wald, CEO at Valkyrie commented, “This Bitcoin Strategy ETF is a major leap forward for this asset class. It enables investors to participate in the digital asset markets through a regulated, transparent product that trades on a trusted, reliable exchange and can be bought and sold as easily as any other investment currently available.”

During a Friday morning interview with CoinDesk, Wald commented on what differentiates Valkyrie from ProShares, equating her Bitcoin and crypto-based fund to “subject matter expertise” and that of ProShares to “a monolith that cares more about launching their next fund.”

“We care about Bitcoin and always will,” Leah said.

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