Crypto asset manager Valkyrie Investments has become the 4th investment firm to file with the SEC for a spot Bitcoin (BTC) ETF in 7 days.
Valkyrie Investments 21 June on to the US Securities and Exchange Commission (SEC) in his statement, spot Bitcoin ETF (traded fund) to create request registration found. With this application, Valkyrie became the 4th company to apply to the SEC for a spot Bitcoin ETF after BlackRock, WisdomTree and Invesco within 7 days.
According to the information given in the declaration “Valkyrie Bitcoin Fund” The total value of the fund, which will be called a leading crypto index provider From CF Benchmarks will be determined by the received Bitcoin price data. to the laws of Delaware if the ticker (code) of the fund to be subjected “BRRR” will be. According to the application, the fund Nasdaq will be listed above.
Valkyrie is also the ETF’s own crypto arm of Bitcoin assets. Valkyrie Digital Assets stated that it will be kept by
Application to create Valkyrie’s spot Bitcoin ETF second legal recorded as an experiment. Past filing by SEC surveillance agreements And market manipulation the SEC’s unable to address their concerns for December 2021 was rejected on. of Valkyrie in this application at the surveillance point various question marks seen to have left.
on the other hand spot Bitcoin ETF investing in the investment firm’s Bitcoin futures contracts, even if rejected Valkyrie Bitcoin Strategy ETF (BTF) and tracking Bitcoin miners Valkyrie Bitcoin Miners ETF (WGMI) It is stated that he has two Bitcoin ETFs named after him.
world last week largest asset manager BlackRock Upon applying for a spot Bitcoin ETF many investment companies Followed BlackRock and filed successively with the SEC. submitted or had renewed.