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Thursday, August 8, 2024
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    HomeFinanceValkyrie joins the push with a BTC spot ETF program to match...

    Valkyrie joins the push with a BTC spot ETF program to match its futures, miner ETF

    Cryptocurrency fund supervisor Valkyrie is submitting for spot exchange-traded funds (ETFs), becoming a member of a number of different monetary corporations that filed comparable functions with the USA Securities and Alternate Fee (SEC) final week. Valkyrie filed S-1 registration type a Bitcoin spot ETF with the SEC on June 21. In it, the corporate stated it could search to checklist its fund on the Nasdaq beneath the image BRRR.

    Valkyrie is an outdated Bitcoin hand (BTC) futures ETF. This A second BTC futures ETF has launched US Valkyrie Bitcoin Technique ETF (BTF) 2021 in October and offered Valkyrie Stability Sheet Alternatives (VBB) in December of the identical 12 months. This was liquidated by VBB in October in 2022. Valkyrie additionally manages the Valkyrie Bitcoin Miners ETF (WGMI), which tracks the securities of corporations that derive income or revenue from BTC mining.

    Proceed studying Coin Telegraph.

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