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Valkyrie Wants To Launch A 1.25x Leveraged Bitcoin Futures ETF

Mary Liu

Summary: A few days after launching the Bitcoin futures ETF, Valkyrie Investments file to the U.S. Securities and Exchange Commission (SEC) to launch a 1.25 times leveraged Bitcoin futures ETF--Valkyrie XBTO Levered BTC Futures ETF.  The fund aims to achieve its investment goals by investing all or most of its assets in financial instruments that provide ...

A few days after launching the Bitcoin futures ETF, Valkyrie Investments file to the U.S. Securities and Exchange Commission (SEC) to launch a 1.25 times leveraged Bitcoin futures ETF--Valkyrie XBTO Levered BTC Futures ETF. 

The fund aims to achieve its investment goals by investing all or most of its assets in financial instruments that provide Bitcoin reference interest rates and "mortgage investment" exposure. According to a tweet by Bloomberg ETF analyst Eric Balchunas, the fund will provide 1.25 times the Bitcoin reference interest rate exposure, and the SEC will have 75 days to respond.

By Mary Liu

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Link: Valkyrie Wants To Launch A 1.25x Leveraged Bitcoin Futures ETF   [Copy]
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