Second Bitcoin Futures ETF in the U.S. to Launch on Friday

Second Bitcoin Futures ETF in the U.S. to Launch on Friday

According to Bloomberg on October 21, after the United States launched the first Bitcoin ETF on Tuesday local time, the second Bitcoin ETF will also be listed and traded on Friday.
The ETF, owned by Valkyrie Capital, is expected to begin trading on the Nasdaq on Friday under the ticker BTF.
It is worth mentioning that the Bitcoin ETF (BITO) launched by ProShares on Tuesday was a great success, attracting more than $1.1 billion in trading in just two days. The trading volume on the day of launch was $1.008 billion, the second highest trading volume on record, second only to the carbon neutral fund previously launched by BlackRock. The ETF also continued its upward trend on Wednesday, with a trading volume of more than $1.2 billion.

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