Bitcoin Falls as Second Bitcoin ETF Goes Live in the US

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Bitcoin Falls as Second Bitcoin ETF Goes Live in the US

The price of bitcoin (BTC) fell Friday morning US time just as the second bitcoin futures-backed ETF, the Valkyrie Bitcoin Strategy ETF with ticker BTF, went live on the Nasdaq stock exchange.
Since going live at 09:30 ET (13:30 UTC), BTF was down by 3.15% from a price per share of USD 25.34 for the first recorded trade, to USD 24.54 at press time (14:58 UTC)….
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