How to invest in Valkyrie XBTO Levered BTC Futures
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.
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.
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.
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.
Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs.
Check in on your investment. Congratulations, you've invested in the Valkyrie XBTO Levered BTC Futures.
Terms apply. Cryptoassets are highly volatile. Your capital is at risk. Available in the US, CA, UK and AU
Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
Trade $0 commission stocks, ETFs, and options with as little as $1
After-hours trading available
Earn 4.5% interest on uninvested cash with Gold
24/7 customer support
Compare more online ETF brokers
1 - 10 of 10
What is the Finder Score?
The Finder Score crunches 147 key metrics we collected directly from 18+ brokers and assessed each provider’s performance based on nine different categories, weighing each metric based on the expertise and insights of Finder’s investment experts. We then scored and ranked each provider to determine the best brokerage accounts.
We update our best picks as products change, disappear or emerge in the market. We also regularly review and revise our selections to ensure our best provider lists reflect the most competitive available.
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.
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 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.
Over the last 12 months, Valkyrie XBTO Levered BTC Futures's ETF's units have ranged in value from as little as $16.34 up to $72.525. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of volatility in relation to the market. The market (NASDAQ average) beta is 1, while Valkyrie XBTO Levered BTC Futures ETF's is 0. This would suggest that the Valkyrie XBTO Levered BTC Futures is less volatile than average (for this exchange).
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.
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Advertiser disclosure
Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which Finder receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
