Tiny Issuer to Debut the Only US Double-Bitcoin Futures ETF
- Volatility Shares website lists June 27 as BITX launch date
- Meanwhile, hype over BlackRock’s spot ETF filing continues
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If Bitcoin’s famous volatility doesn’t give you enough of an adrenaline rush, you might soon be able to get two-times its returns.
Volatility Shares is planning to launch the 2x Bitcoin Strategy ETF (ticker BITX), which would offer double the performance of the S&P CME Bitcoin Futures Daily Roll Index each day. The debut is potentially slated for Tuesday, according to the company’s website. Stuart Barton, its chief investment officer, confirmed to Bloomberg News that the fund is expected to start trading on June 27.