Bitcoin ETF (BTF) Hits New 52-Week High

zacks2023-11-07

For investors seeking momentum, Valkyrie Bitcoin Strategy ETF (BTF Quick QuoteBTF - Free Report) is probably on radar. The fund just hit a 52-week high and is up about 119% from its 52-week low ...

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The fund just hit a 52-week high and is up about 119% from its 52-week low ...</p>\n\n<a href=\"https://www.zacks.com/stock/news/2179991/bitcoin-etf-btf-hits-new-52-week-high\">Source Link</a>\n\n</div>\n","source":"zacks_fund_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin ETF (BTF) Hits New 52-Week High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin ETF (BTF) Hits New 52-Week High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-07 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zacks.com/stock/news/2179991/bitcoin-etf-btf-hits-new-52-week-high><strong>zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For investors seeking momentum, Valkyrie Bitcoin Strategy ETF (BTF Quick QuoteBTF  -  Free Report)     is probably on radar. The fund just hit a 52-week high and is up about 119% from its 52-week low ...</p>\n\n<a href=\"https://www.zacks.com/stock/news/2179991/bitcoin-etf-btf-hits-new-52-week-high\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTF","symbol_name":"Valkyrie Bitcoin Strategy ETF","start_time":0,"source_url":"https://www.zacks.com/stock/news/2179991/bitcoin-etf-btf-hits-new-52-week-high","article_id":"2381496760","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2381496760","pubTimestamp":1699329600,"sourceInfo":{"source_id":"zacks_fund_highlight","name":"Zacks"},"weMediaInfo":null,"summary":"For investors seeking momentum, Valkyrie Bitcoin Strategy ETF      is probably on radar. 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Let’s take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed:BTF in FocusValkyrie Bitcoin Strategy ETF is an actively managed ETF available through Nasdaq. It invests in bitcoin futures contracts and does not provide direct exposure to the price of bitcoin. BTF charges 95 bps in annual fees (see: all the Cryptocurrency ETFs here).Why the Move?The cryptocurrency corner of the broad investing world has been an area to watch lately, given Bitcoin’s thrilling ascent. The surge has rekindled interest in the crypto market, signaling positive sentiment among both retail and institutional investors. The confluence of regulatory developments, advancing technology and positive market sentiment is driving cryptocurrency higher.More Gains Ahead?BTF might remain strong, given a weighted alpha of 84.71 and a higher 20-day volatility of 41.53%. 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