The Second U.S. Bitcoin ETF Is Set to Start Trading Friday
Since the first launch of the first ever bitcoin-backed ETF futures had extraordinary success in the market and brought astonishing $1 billion in funds, the second is expected to be not less successful.
The Valkyrie Bitcoin Strategy fund will occur on Friday on the Nasdaq exchange, which was confirmed by a spokesperson of the company. Initially the company planned to trade under the ticker BTFD, but last minute decided to change back to the original ticker BTF.
The whole event is surrounded with much enthusiasm, as U.S. Bitcoin ETF launch is fuelled with the fact, that the world’s most wanted crypto- Bitcoin has reached $67,000 in price on Wednesday and according to experienced people in the market, the price will only rise. Analysts expect it to mark $100,000 in price next year.
