Valkyrie’s recent application proposal Form N-1A, also explains the risks involved with bitcoin investments. The application notes that the fund will be “indirectly exposed to the risks of investing in bitcoin” and that bitcoin is a “new and highly speculative investment.”
Valkyrie’s BTF Shed 25% Last Month, Funds and Entities With Exposure to Bitcoin Follow Leading Crypto’s Price Patterns$14.87 per share at the time of writing. 30-day statistics indicate BTF shed 25.69% after falling from $20.01 per share a month ago. Five-day metrics show BTF has lost 10.10% after rebounding a few percentages during the course of Wednesday’s trading sessions. Valkyrie’s BTF, Proshares’ BITO, and the Vaneck Bitcoin Strategy ETF (
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