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Valkyrie Bitcoin Strategy ETF Could Start Trading This Week

  • Bloomberg obtained a list motion from Valkyrie Funds for their bitcoin futures ETF.
  • The Valkyrie Bitcoin Strategy ETF might start buying and selling on Wednesday or Thursday after ProShares’ bitcoin futures ETF begins buying and selling tomorrow.
  • However, there is nonetheless one final step earlier than confirmed itemizing on the NYSE  a post-effective prospectus submitting.

Bloomberg obtained a list motion from Valkyrie Funds for their bitcoin futures exchange-traded fund (ETF), its analyst James Seyffart said. The Valkyrie Bitcoin Strategy ETF was thought to be beginning buying and selling as early as tomorrow, October 19, beneath the ticker image “BTF.” However, new information from Bloomberg ETF analyst Eric Balchunas signifies it would begin buying and selling on Wednesday or Thursday. A post-effective prospectus submitting with the U.S. Securities and Exchange Commission (SEC) is the final piece of the puzzle lacking for itemizing affirmation.

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