Valkyrie changed its fund ticker from BTF to BTFD (buy the f*cking dip). The product is expected to become the second Bitcoin ETF in the US market.
Yesterday, October 19, in the United States the first day began of trading in Bitcoin ETF futures from ProShares. Trading volume for the day was more than $1 billion, with approximately $280 million coming in the first 20 minutes.
The Valkyrie Bitcoin ETF is expected to be launched next, and has already been added to the Bloomberg Terminal. Valkyrie's exchange-traded fund will trade under the ticker BTFD, an acronym for Buy the f*cking Dip.
According to the CEO of Valkyrie, Nasdaq has already adopted a new ticker, and now the company is awaiting the final decision from the SEC.
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According to www.bloomberg.com
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