Cryptocurrencies

The Second U.S. Bitcoin ETF Is Set to Start Trading Friday

  • BTF will follow wildly successful launch of ProShares’s fund
  • Bitcoin hit its first all-time high since April on Wednesday
Valkyrie Funds CEO Previews Bitcoin Futures ETF Launch
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The second-ever U.S. Bitcoin futures exchange-traded fund is set to launch on Friday.

The Valkyrie Bitcoin Strategy fund will begin trading on the Nasdaq exchange tomorrow, a spokesperson for the company said. The firm planned to trade under the ticker BTFD, but changed back to the originally planned BTF, according to the spokesperson.