Valkyrie Introduces 2x Leverage Bitcoin Futures ETF

Valkyrie Investments launches BTFX, a 2x leveraged Bitcoin futures ETF aiming to double the daily performance of the CME Bitcoin Futures index. The ETF invests in Bitcoin futures contracts, offering traders a new option for exposure to Bitcoin's price action. Regulators view leveraged Bitcoin ETFs as easier to handle than spot Bitcoin. Valkyrie has been developing BTFX for two years after its Bitcoin Futures ETF launch in 2021.