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BTF News and Press, Valkyrie Bitcoin Strategy ETF From 01/20/23

Stock Information

Company Name: Valkyrie Bitcoin Strategy ETF
Stock Symbol: BTF
Market: NASDAQ

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BTF - Benefitfocus Shareholders Approve Merger with Voya Financial

CHARLESTON, S.C., Jan. 20, 2023 (GLOBE NEWSWIRE) -- Benefitfocus, Inc. (NASDAQ: BNFT) announced that at a special meeting today, Benefitfocus’s stockholders approved the previously announced merger agreement related to the proposed acquisition of Benefitfocus by Voya Financial, Inc. Subjec...

BTF - MicroStrategy's new CEO says company's stock is 'unique' bitcoin, software proxy

Phong Le, the newly appointed CEO of software analytics firm and bitcoin ( BTC-USD ) HODLer MicroStrategy ( NASDAQ: MSTR ), said Tuesday that the company's stock is a unique vehicle for investors that want exposure in bitcoin and enterprise software. "We're about as uniq...

BTF - Bitcoin ETFs slide as the underlying cryptocurrency drops below $22K

Bitcoin Strategy exchange traded funds have declined 10% since Bitcoin ( BTC-USD ) hit a multi-week high last week. The slide has come as the crypto asset has now steadily declined below the $22,000 level. The financial market's three crypto ETFs ProShares Bitcoin Strategy ETF (...

BTF - Grayscale CEO: SEC being 'arbitrary' and 'capricious' by denying spot Bitcoin ETFs

Grayscale Investments CEO Michael Sonnenshein argued that U.S. regulators were "discriminating" against his cryptocurrency investment firm by continuing to deny approval to exchange traded funds based on the spot price for Bitcoin ( BTC-USD ). The comments followed news that Graysca...

BTF - Bitcoin briefly falls below $19,000 as selling pressures continue

Bitcoin ( BTC-USD ) plunged below 20K and momentarily dropped below 19K in early market trading as the cryptocurrency now hovers near $19,050. Investors shield themselves from the crypto asset and other related cryptocurrencies as Wall Street heads for a risk-on session with the...

BTF - ProShares Short Bitcoin linked ETF to launch Tuesday

ProShares, the largest provider of bitcoin-linked ETFs in the country, to launch The ProShares Short Bitcoin Strategy ETF (BITI), the first short bitcoin-linked ETF tomorrow. The ProShares Short Bitcoin Strategy ETF (BITI) provides a way for investors to potentially profit from a decline...

BTF - Actions Recommended By Bitcoin's Decade-Old Cycle

Bitcoin is following through on its decade-old halving cycle and has completed 4 out of 5 predicted sequences of events in a bear market. However, Bitcoin must now make a choice on whether to complete its 5th sequence of events to conclude the bear market or to forgo its never -break-...

BTF - Crypto and blockchain ETFs plummet as Bitcoin drops 20%

Crypto and blockchain exchange traded funds crumbled on Monday morning as Bitcoin (BTC-USD) prices plunged 20%, falling to as low as $22.8K and touching its lowest levels since December of 2020. Bitcoin ETFs and trusts like the ProShares Bitcoin Strategy ETF (NYSEARCA:BITO), Valkyrie Bitcoin ...

BTF - Crypto ETFs & ETPs suffered outflows of $556M in April

Globally listed crypto exchange traded funds and exchange traded products suffered from net capital outflows north of $500M throughout the month of April according to data compiled by ETFGI, an independent research firm. Year-to-date crypto ETFs and ETPs witnessed $556M worth of investor capi...

BTF - May 2022: Forex Relative Valuation And Trading Opportunities

The uncertainty over the economic outlook is now arguably the highest it has been over the past several years. The war in Ukraine is having a significant impact on trade flows - particularly in agricultural commodities. Alongside China lockdowns, bottlenecks look set to worsen in the ...

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