What is the Valkyrie bitcoin futures leveraged strategy ETF (btfx)?
Could you elaborate on the Valkyrie Bitcoin Futures Leveraged Strategy ETF, or BTFX? This financial instrument appears to offer investors exposure to Bitcoin's price movements with the added feature of two-times leverage. Specifically, how does it work? Does it aim to deliver twice the daily returns of the CME Bitcoin Futures Index, net of fees and expenses? Furthermore, how does Valkyrie manage the risks associated with such a leveraged strategy, and what are the potential implications for investors? Understanding the intricacies of this ETF is crucial for those considering adding it to their portfolios.
What is Valkyrie bitcoin miners ETF?
Could you please elaborate on what the Valkyrie Bitcoin Miners ETF exactly is? I'm quite interested in understanding its purpose, structure, and potential benefits for investors. How does this ETF specifically target bitcoin miners? What kind of performance has it shown in the past? And, importantly, what are the risks associated with investing in such a specialized ETF? Your insights would be greatly appreciated.