Valkyrie Expands Bitcoin Offerings with the Launch of 2x Leveraged Bitcoin Futures ETF

The Valkyrie XR portfolio has expanded its Bitcoin offerings with the launch of a 2x leveraged Bitcoin futures Exchange Traded Fund (ETF). This implies that the price performance of this particular ETF will aim to yield double the return of its underlying benchmark index, which is the price of Bitcoin futures contracts.

Leveraged ETFs like this one offer the potential for increased returns, but also come with higher levels of risk and volatility. This is due to the fact that leveraged ETFs