Stock Groups

Valkyrie Bitcoin futures-linked ETF launches on Nasdaq, with share prices dropping 3% in first hour -Breaking


© Reuters.

Second (BTC() Futures-linked Exchange-Traded Fund in the United States opened for trading on Nasdaq at $25.52 each share.

According to the Nasdaq, digital asset manager Valkyrie’s Bitcoin Strategy ETF, the second exchange-traded fund allowing U.S. investors direct exposure to cryptocurrency futures, OpenBTF was purchased for $25.52 per share, but dropped to $24.66 when it was time for publication. It tracks BTC futures traded on Chicago Mercantile Exchange.