Valkyrie's Strategic Leap: BitGo Custodianship for Bitcoin ETF
Valkyrie partners with BitGo as custodian for its Bitcoin ETF, heralding industry-wide custodial diversification and intensifying the competitive landscape of spot Bitcoin ETFs.
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Valkyrie partners with BitGo as custodian for its Bitcoin ETF, heralding industry-wide custodial diversification and intensifying the competitive landscape of spot Bitcoin ETFs.
TD Cowen analysts say MicroStrategy stock’s premium over BTC will compress but not disappear as spot Bitcoin funds come online.
After many reversals and mistakes, the Bitcoin Spot ETF was finally approved by the U.S. Securities and Exchange Commission.
As Valkyrie anticipates SEC approval for Bitcoin ETFs, the market eagerly awaits a potential influx of funds. Despite challenges and fee wars, Valkyrie remains committed to the long-term success of its ETF, reflecting the enduring allure of Bitcoin.
Crypto asset manager Valkyrie Investments says it is interested in sponsoring and managing Grayscale's publicly traded Bitcoin (BTC) fund.
The ProShares Bitcoin ETF broke an 18-year record as the fastest fund to reach $1 billion in assets under management.
The regulator said it would be appropriate to “specify a longer period” of approval or disapproval of the proposed bitcoin ETF.
The asset manager said it would purchase “exchange-traded protective put options” and write “exchange-traded call options on Bitcoin futures and/or a Bitcoin related ETF or ETFs.”
Last month, the watchdog gave the thumbs-up to Teucrium’s Bitcoin futures ETF, which is the first such vehicle to be approved under the ’33 Act.