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The SEC has given the Valkyrie Futures-based Bitcoin ETF permission to begin trading.

As a Bitcoin-linked exchange-traded fund, Valkyrie will follow ProShares. Bitcoin hit a new all-time high earlier this week, but the rise may not be done yet, as alternative asset management firm Valkyrie is preparing to launch the second US Bitcoin Futures ETF following ProShares. The Securities and Exchange Commission (SEC) of the United States has finally given Valkyrie's ETF a green light, awarding the fund a notice of effectiveness. The Nashville, Tennessee-based company has recently announced that it would trade on the New York Stock Exchange under the BTF ticker (Nasdaq).
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