Second Bitcoin Futures ETF Lists In Same Week In Blockbuster Sweep For Crypto Industry

A second Bitcoin futures based ETF, or exchange traded fund, launched this week. This one trades on the NASDAQ, the first Bitcoin futures ETF approved earlier in the week trades on the New York Stock Exchange.

Now there is a crypto futures based ETF available on both exchanges, which is a historic development. (ProShares Bitcoin Strategy ETF trades on the NYSE, while the Valkyrie Bitcoin Strategy ETF trades on the Nasdaq.)

The digital asset manager behind this second approved ETF said the demand has been so strong that the industry could potentially bring 2 or 3 new ones to the market.

The other ETF, the ProShares Bitcoin Strategy ETF, broke industry records for the fastest an ETF has reached $1 billion of assets under management. That record was previously held by a gold ETF almost two decades ago.

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