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How to buy Valkyrie XBTO Levered BTC Futures ETF (BTFX)

Own Valkyrie XBTO Levered BTC Futures units in just a few minutes.

How to invest in Valkyrie XBTO Levered BTC Futures

  1. Compare online brokers. To invest in exchange traded funds (ETFs) listed in the United States, you will need to sign up to an ETF broker with access to US markets. Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for the Valkyrie XBTO Levered BTC Futures. Find the ETF by name or ticker symbol: BTFX. Research it using the prospectus and other information at the sponsor's site to make sure you understand how it works and to confirm it's a solid investment based on your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until the Valkyrie XBTO Levered BTC Futures reaches your desired price.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you've invested in the Valkyrie XBTO Levered BTC Futures.

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Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

What we know about the Valkyrie XBTO Levered BTC Futures

Launched by Valkyrie, this leveraged fund will invest in Bitcoin futures like the other Bitcoin-based funds now trading in the US.

This means investors don't actually own the underlying asset itself but rather are betting on the future value of Bitcoin.

But the futures and derivatives strategy would seek to return 125% of any Bitcoin price move, like other leverage funds. If Bitcoin rose $1, the ETF price would rise $1.25.

We will update this page as more details become available.

Bitcoin ETF or Bitcoin: Which is better for you?

Quick verdict

Bitcoin ETFs better for
  • Investors who want exposure to Bitcoin without owning the actual asset or setting up a separate account
  • Frequent traders looking to avoid upfront fees for buying and selling Bitcoin
  • Investors who'd rather pay an annual fee than trade fees
  • Investors who don't plan to trade outside US stock-market hours
  • Investors who see safety in regulatory oversight, since ETFs and futures markets are more regulated in the US than cryptocurrencies
Bitcoin better for
  • Investors looking for an investment in crypto itself
  • Investors who want to take full advantage of exposure to Bitcoin's price movements by owning it directly
  • Long term investors looking to avoid a large annual fee
  • Investors who plan to trade 24/7 or whenever there's a big price change

Are cryptocurrency ETFs a good investment?

Jeff Yew

Jeff Yew
Founder & CEO at Monochrome Asset Management

For everyday investors, accumulating physical Bitcoin comes with added hurdles of custody and operational risks.

"Bitcoin as a technology is battle-tested, but there is an inherent operator's risk when self-acquiring, holding and managing a bitcoin position even for the most experienced digital native, hence there's a market for those who prefer a safe pair of hands to manage their investment in exchange for a small management fee.

"Investing in a Bitcoin ETF offers investors the benefits of a safe yet low barrier to diversifying their portfolio into the asset class since it's a well understood financial product for most investors."

Who is the Valkyrie XBTO Levered BTC Futures suited for?

This Valkyrie fund would allow bullish investors to gain exposure to Bitcoin without having to own the underlying asset itself.

Investors instead own shares of an ETF investing in future contracts.

This makes the ETF suitable for investors who want to gain exposure to Bitcoin without having to go through the troubles of owning the underlying asset.

Due to this it is well suited for retail investors who might not understand the complexities around investing in crypto assets.

Given the leverage, though, it is suited for those comfortable with added risk. While it moves up more quickly than Bitcoin when the price goes up, it also moves down more quickly than Bitcoin if there's a drop.

Disclaimer: The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisors, so do your own due diligence to understand the risks before you invest.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

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