Valkyrie Funds to add 'ether' futures in exchange-traded fund after SEC approval

Valkyrie Funds to add 'ether' futures in exchange-traded fund after SEC approval

From nasdaq.com

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)

- Older Stories
Crypto Company Ripple Backs Out of Fortress Trust Purchase
From bnnbloomberg.ca|Sep 28, 2023
Less than a month after Ripple said it had agreed to acquire custodian Fortress Trust, the crypto company is backing out of the deal. “While this outcome is different from what ...
Massive Short-Squeeze Lifts Stocks; Bitcoin Jumps As Bullion & Black Gold Dumped
From zerohedge.com|Sep 28, 2023
Inflation tumbling in Europe (German CPI), the American consumer hitting a wall (PCE), and the US housing market collapsing (pending home sales) were enough to actually - for once ...
Crypto Insights: Bitcoin Buoyancy
From youtube.com/cmegroup|Sep 28, 2023
Is strength in the U.S. dollar derailing bitcoin's momentum? Insights by Jim Iuorio.

- Newer Stories
Asia week ahead: Two key central bank meetings
From think.ing.com|Sep 28, 2023
Next week's Asia calendar features key central bank meetings in Australia and India. Meanwhile, Korea reports trade figures, China will release PMI, and we will also get a look at ...
Coinbase CEO joins entrepreneurs on Capitol Hill to push for clear crypto rules
From youtube.com/cnbctelevision|Sep 28, 2023
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile ...
BIS completes CBDC cross-border trading and settlement test with three central banks
From kitco.com|Sep 28, 2023
The Bank for International Settlements (BIS) announced the successful completion of Project Mariana, which explored the cross-border trading and settlement of wholesale central ...

Related Stories