Odaily Planet Daily News Valkyrie issued a document on the morning of the 29th announcing that it would suspend the purchase of Ethereum futures until the SEC approves the purchase and will withdraw all purchased Ethereum futures. (CoinDesk)
According to previous news, the U.S. SEC has approved Valkyrie to convert its existing Bitcoin futures ETF into Bitcoin and Ethereum futures ETFs. The new fund will be renamed "Valkyrie Bitcoin and Ethereum Strategic ETF" and will officially take effect on October 3, while the code will still be BTF.