Cryptocurrency fund supervisor Valkyrie is making use of for a money exchange-traded fund (ETF), becoming a member of a number of different monetary companies that filed comparable functions with the U.S. Securities and Trade Fee (SEC) final week . Valkyrie deposit an S-1 registration type for a Bitcoin Spot ETF with the SEC on June 21. The corporate mentioned it could search to record its fund on Nasdaq underneath the ticker image BRRR.
Valkyrie is a bitcoin veteran (BTC) Futures ETF. He launched the second BTC futures ETF in the USA, the Valkyrie Bitcoin Technique ETF (BTF), in October 2021 and launched the Valkyrie Steadiness Sheet Alternatives (VBB) in December of the identical yr. He liquidated VBB in October 2022. Valkyrie additionally runs the Valkyrie Bitcoin Miners ETF (WGMI), which tracks the securities of corporations that derive their income or revenue from BTC mining.
Proceed studying on Coin Telegraph
