Valkyrie’s Bitcoin (BTC) futures-based exchange-traded fund (ETF) is poised to follow the launch of ProShares' Bitcoin Strategy ETF this Friday.
Valkyrie Bitcoin Strategy ETF is finally effective and is set to start trading on Nasdaq under the ticker BTF on Oct. 22, Valkyrie confirmed to Cointelegraph on Thursday.
The launch comes after the United States Securities and Exchange Commission, or SEC, granted a notice of effectiveness to Valkyrie Bitcoin Strategy ETF on Oct. 20.
According to Valkyrie Funds' CEO Leah Wald, the upcoming launch of Valkyrie’s Bitcoin futures ETF marks an important milestone in the relationship between the cryptocurrency industry and U.S. regulators.
“This launch is important because it's further affirmation that U.S.
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