
May 10th, 2025
BTCR comes on the heels of the NYSE Arca-listed Bitcoin futures ETF launched by investment company ProShares last week.
The SEC seemingly has no appetite for non-regular ETF filings and may have struck down filings from Valkyrie and Direxion.
Valkyrie has announced the launch of its Bitcoin Strategy ETF (BTF), becoming the second of its type in the US. The Bitcoin futures ETF began trading on the 22nd of October after receiving approval from the US Securities and Exchange Commission (SEC). The new ETF is focused on tracking the value of Chicago Mercantile Exchange (CME) Bitcoin […]
Valkyrie’s Bitcoin ETF is set to follow the explosive success of Proshares Bitcoin ETF, which is being traded under the ticker name BITO.
Bitcoin is making strong moves to all-time high levels as the ProShares Bitcoin ETF becomes the fastest ETF fund to hit $1 trillion in assets.
Post the launch of ProShares Bitcoin Strategy ETF, BTC price has been flirting around $64,000.
The ProShares Bitcoin ETF becomes the second-most heavily traded fund with BITO surging 5% on debut and registering a record turnover of $1 billion on Day 1.
Neither the ProShares Bitcoin Strategy ETF nor the Valkyrie Bitcoin Strategy ETF will hold actual BTC.
Fund manager ProShares has reportedly received permission from the SEC to launch a US-based Bitcoin futures ETF tomorrow.
Besides Bitcoin and Ethereum, the remaining eight digital currencies that make up the 10 ten coins on Coingecko contribute more than $30 billion each to the combined crypto market cap.
The increased expectations of an imminent futures-based ETF’s debut on the US markets have spiked activities on the CME this month even though many experts also attribute the new development to stronger participation from state-side institutional investors.
After the hint dropped by Grayscale, a Twitter user ‘svrgnindividual’ raised concerns about the restructure’s impact on investors holding Grayscale’s Bitcoin Trust shares.
Since the news broke out that the SEC could be set to approve a Bitcoin futures ETF application, the flagship crypto asset, for the first time since its April crash, managed to go above $60,000 again.
The rumors of a delay in the approval process of the Bitcoin futures product can end up bad for the Bitcoin price, as investors were keen on buying BTC, expecting an ETF approval in October.
The Bitcoin Revolution ETF from Volt will track the companies that have a significant number of Bitcoins on their balance sheet.