Tuesday, April 16, 2024
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Valkyrie Bitcoin Futures ETF Starts Trading, Joining Fray

After months of waiting, the cryptocurrency industry is finally getting the U.S. ETFs that fund executives have long sought – as a way of attracting money from investors who want exposure to bitcoin price via the stock market. While cryptocurrency analysts says the new offerings, focused on bitcoin futures contracts, are less ideal than an ETF backed by bitcoin directly, the reception so far among investors has been overwhelming.

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