Valkyrie Funds CEO Previews Bitcoin Futures ETF Launch

The video discusses the capacity of the ETF market, comparing ETFs with Bitcoin Trusts, and addressing concerns about futures ETFs. It explores the future of Bitcoin and altcoin ETFs, market interest, and trading expectations. Leah shares her entrepreneurial journey and future plans with Valkyrie.

What is one reason the speaker gives for choosing a futures-based ETF over owning Bitcoin directly?

• Futures-based ETFs are less volatile.

• Futures-based ETFs are regulated in the US.

• Futures-based ETFs have no associated fees.

• Futures-based ETFs offer higher returns.

What is the speaker's view on the competition in the ETF market?

• The market is too saturated.

• Competition is welcome and beneficial.

• There is no competition.

• Competition is harmful to the market.

What concern is raised about futures ETFs like USO?

• They are only available to institutional investors.

• They may not track the underlying asset well over time.

• They have high transaction fees.

• They are not regulated.

What is the speaker's outlook on the approval of a spot Bitcoin ETF in the US?

• It will never be approved.

• It has already been approved.

• It is likely to be approved next year.

• It is expected to be approved this year.

What is the speaker's perspective on the future of altcoins in an ETF wrapper?

• They will be available soon.

• They are already available.

• They are not needed.

• They will take longer to be approved.

What distinguishes the new ETF from ProShares according to the speaker?

• It is available only to retail investors.

• It is embedded in the crypto markets.

• It is backed by physical Bitcoin.

• It has lower fees.

Who does the speaker suggest is primarily interested in the new ETF?

• Only international investors.

• Only institutional investors.

• Both smart money and retail investors.

• Only day traders.