Troubling First Week Performance: Valkyrie & ProShares Bitcoin Futures ETFs

It’s been a busy week for bitcoin ETFs in the USA with the country seeing its first two bitcoin futures ETFs hitting the market, as part of an accelerating pace of approval being administered by the Securities and Exchange Commission (SEC). Now that the first week is over, we can make some observations on the performance of these ETFs, as well as the market overall since the first two ETFs have been approved and launched.