Investing
Volatility Shares Trust aims for listing of leveraged Bitcoin futures ETF
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A company behind providing cryptocurrency-linked and other exchange-traded funds (ETFs) has filed with the United States Securities and Exchange Commission (SEC) for listing shares of a leveraged futures ETF.
Volatility Shares Trust filed Form 8-A with the SEC on June 23, suggesting that the firm was preparing to launch an investment vehicle the regulator could consider a class of securities under its purview. The registration statement listed the Volatility Shares “2x Bitcoin Strategy ETF” under the ticker symbol BITX, which would offer leveraged exposure to Bitcoin (BTC) corresponding to two times the daily performance of the S&P Daily Roll Index.
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