Valkyrie's fund plans invest at least 80% of its net assets into firms that derive at least 50% of their revenue from the bitcoin mining industry.
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 (
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top 50 daily boys basketball stat leaders for Monday, Jan. 24Check out leaders in points, rebound, assists, blocks and steals.
Read more »
GBP/USD Price Analysis: Bounces off multi-week low, shows some resilience below 50% Fibo.GBP/USD Price Analysis: Bounces off multi-week low, shows some resilience below 50% Fibo. By HareshMenghani GBPUSD Technical Analysis Politics Majors Currencies
Read more »
Earthquake, Magnitude 4.5 - HAITI REGION - 2022 January 25, 18:50:57 UTCM4.6 earthquake (séisme TremblementDeTerre) strikes 48 km W of Port-au-Prince (Haiti) 16 min ago. Read eyewitnesses' stories & share yours:
Read more »
AUD/USD Price Analysis: Recovery moves fade below 50-DMAAUD/USD treads water around 0.7150, fading the bounce off multi-day low during Wednesday’s Asian session. In doing so, the Aussie pair remains below 5
Read more »
50 positive affirmation quotes to get in a better frame of mindThese positive affirmations are inspirational quotes to help feel motivated and have a good day. Repeat affirmations in the morning or when you need a boost.
Read more »