Valkyrie joins rush with BTC spot ETF utility to go together with its futures, miners ETFs

Cryptocurrency fund supervisor Valkyrie is making use of for a spot exchange-traded fund (ETF), becoming a member of a number of different monetary companies which have filed related functions with the US Securities and Change Fee (SEC) within the final week. Valkyrie filed an S-1 registration type for a Bitcoin spot ETF with the SEC on June 21. In it, the agency indicated that it will search to record its fund on the Nasdaq below the image BRRR.

Valkyrie is an previous hand at Bitcoin (BTC) futures ETFs. It launched the second BTC futures ETF within the U.S., the Valkyrie Bitcoin Technique ETF (BTF), in October 2021 and launched the Valkyrie Steadiness Sheet Alternatives (VBB) in December of that 12 months. It liquidated VBB in October 2022. Valkyrie additionally runs the Valkyrie Bitcoin Miners ETF (WGMI), which tracks securities of corporations that derive their income or income from BTC mining.

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