Valkyrie Bitcoin Strategy ETF (BTF)
Business_Description
Valkyrie Bitcoin Strategy ETF trades on the Nasdaq. BTF does not invest in Bitcoin directly.
Technical_Description
It holds front-month Chicago Mercantile Exchange Bitcoin futures. Valkyrie already offers trusts for other popular cryptocurrencies on international markets, and it hopes to roll out additional U.S.-listed crypto ETFs in the future. The BTF ETF is smaller and less liquid than BITO. It holds $36.5 million in assets and has a 0.95% expense ratio.