Digital asset firm CoinShares has filed a post-effective amendment to launch three new ETFs tied to Bitcoin volatility. The funds target the CME CF Bitcoin Volatility Index and include base, leveraged, and inverse variants.
The CoinShares Bitcoin Volatility ETF (CBIX) will trade on Nasdaq, offering exposure to futures contracts linked to the BVX-the Bitcoin equivalent of the VIX. The leveraged version amplifies index moves, while the inverse fund profits when volatility declines.
CoinShares is using the Valkyrie ETF Trust II structure, acquired in March 2024, to fast-track U.S. market entry. No ticker details or fees were disclosed for the leveraged and inverse funds.
The 75-day SEC review period began March 23, meaning the ETFs could launch by early June if unchallenged.