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.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
According to www.bloomberg.com
You May Also Like
The US government pension fund invested in Bitcoin
The Houston Firefighters' Retirement Fund (HFRRF) has moved part of its portfolio into Bitcoin and Ethereum. Institutions are confident that the rise in the price of crypto assets is not over, so such an investment will bring good interest.
The fall of Bitcoin has caused shares of companies related to it to collapse
Shares of cryptocurrency-related companies fell as Bitcoin fell. Quotes of Coinbase, MicroStrategy and Galaxy Digital dropped significantly.
