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Valkyrie Funds to add 'ether' futures in exchange-traded fund after SEC approval
Investment manager Valkyrie Funds LLC has begun adding ethereum futures to its existing Bitcoin futures exchange-traded fund, after getting the green light from the U.S. Securities and Exchange Commission (SEC), the company said on Thursday. The renamed Valkyrie Bitcoin and Ether Strategy ETF will launch on Monday, Valkyrie's chief investment officer Steven McClurg told Reuters. It would be the first time futures based on Ethereum or "ether" contracts would be available to investors via an exchange-traded fund, in a boost for the crypto market. The SEC did not respond to calls seeking comment. Rival asset managers ... (full story)