The Second U.S. Bitcoin ETF Is Set to Start Trading Friday
(Bloomberg) -- The second-ever U.S. Bitcoin futures exchange-traded fund is set to launch on Friday.
The Valkyrie Bitcoin Strategy fund will begin trading on the Nasdaq exchange tomorrow, a spokesperson for the company said. The firm planned to trade under the ticker BTFD, but changed back to the originally planned BTF, according to the spokesperson.
The enthusiasm surrounding U.S. Bitcoin ETF launches has helped fuel the world’s largest cryptocurrency to an all-time high, with Bitcoin nearing $67,000 on Wednesday. That rally cooled Thursday, with prices dropping about 2% to $64,561.
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