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InvestmentsValkyrie Bitcoin futures-linked ETF launches on Nasdaq, with share prices dropping 3%...

Valkyrie Bitcoin futures-linked ETF launches on Nasdaq, with share prices dropping 3% in first hour By Cointelegraph


© Reuters.

The second (BTC) futures-linked exchange-traded fund in the United States started buying and selling on the Nasdaq, opening at a value of $25.52 per share.

According to the Nasdaq, digital asset supervisor Valkyrie’s Bitcoin Strategy ETF, the second exchange-traded fund permitting U.S. buyers direct publicity to cryptocurrency futures, opened at a value of $25.52 per share of BTF earlier than dropping 3.3% to succeed in $24.66 on the time of publication. The exchange-traded fund is geared toward monitoring the worth of BTC futures listed on the Chicago Mercantile Exchange, or CME.