Avoidance of risk in global markets, cryptocurrency made its investors very tired. Although investors who are tired of seeing the color red for a long time try to breathe in the slightly green market today, we will have to return to the green days in order to close the losses.
Although there are stormy days in terms of price in the crypto money markets, good news about the future of the industry continues to come. This raises the expectations of investors who invest in the future.
in many fields bitcoin A new application to the SEC has arrived from Valkyrie, which has filed an exchange-traded fund (ETF).
Crypto asset manager Valkyrie is listed on Nasdaq Bitcoin mining filed with the SEC on an ETF that provides exposure to its companies’ stocks.
According to the application Valkyrie Bitcoin Miners ETFwill invest at least 80% of its net assets and at least 50% of its profits in the stocks of Bitcoin mining companies.
The SEC’s refusal to approve a spot Bitcoin ETF has led many institutional investors to invest in companies that are traded on exchanges and directly related to Bitcoin. In this way, companies that indirectly provide Bitcoin exposure will be offered a new product with this ETF.