IPO - Valkyrie ETF Trust II

Form Type: 485APOS

Filing Date: 2023-05-15

Corporate Action: Ipo

Type: New

Accession Number: 000138713123006574

Filing Summary: Valkyrie ETF Trust II has filed a Registration Statement under the Securities Act of 1933 for the Valkyrie Bitcoin Futures Leveraged Strategy ETF (Ticker: BTFD). This filing serves as a post-effective amendment, indicating an update to previously filed regulatory documents. The Fund aims to provide superior risk management compared to passively managed leveraged long bitcoin futures ETFs, maintaining between 100% and 200% notional exposure to bitcoin. Investors are warned about the high risks associated with leverage and the unique volatility of bitcoin as an asset class. The filing includes a prospectus that outlines the Fund's principal investment strategies, risks, and costs. The proposed effective date for the registration statement is 75 days after the filing.