Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Trading Up 9%

Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFXGet Free Report)’s share price was up 9% during mid-day trading on Friday . The stock traded as high as $32.07 and last traded at $31.92. Approximately 51,849 shares were traded during trading, a decline of 67% from the average daily volume of 155,982 shares. The stock had previously closed at $29.28.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Stock Performance

The company’s fifty day moving average is $38.37.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Company Profile

(Get Free Report)

The Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures index. The fund seeks to achieve 2x daily Bitcoin index returns via Bitcoin futures contracts, mitigating risks through collateral investments and the use of reverse repurchase agreements.

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