Volatility Shares will launch the first leveraged bitcoin futures ETF next Tuesday.

Volatility Shares to launch first leveraged bitcoin futures ETF on Tuesday.

Volatility Shares will launch its 2x Bitcoin Strategy ETF on Tuesday. Its previous application was not rejected by the US Securities and Exchange Commission (SEC) and became effective on Friday. Stuart Barton, the Chief Investment Officer of Volatility Shares, stated in an email that the ETF will begin trading on Tuesday, seeking to provide twice the return of the Bitcoin futures index. According to the prospectus, the fund will not directly invest in Bitcoin but seeks to benefit from the rise in Bitcoin futures contract prices.

Reference: https://www.theblock.co/post/236245/first-leveraged-bitcoin-futures-etf-will-launch-tuesday-volatility-shares-says

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