CoinShares will get shopping for rights to Valkyrie’s crypto ETF unit

European digital asset administration agency CoinShares secured the unique choice to amass the exchange-traded fund (ETF) unit of its United States competitor Valkyrie Investments, together with the Valkyrie Fund that’s awaiting approval within the U.S.

CoinShares stated on Nov. 17 that the transfer helps it increase to the U.S., which may quickly turn out to be the epicenter for ETF choices. The agency’s CEO Jean-Marie Mognetti added he hopes the Valkyrie acquisition will assist it capitalize on what’s presently a fragmented international ETF market.

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