European firm CoinShares is making strides in the U.S. market with the acquisition of Valkyrie Funds, the issuer of a successful Bitcoin ETF. This strategic move comes in the wake of the SEC’s landmark approval for spot Bitcoin ETFs.Valkyrie Funds, a unit of Valkyrie Investments, had a successful launch of its ETF in the U.S. […]
CoinShares, a leading European crypto investment firm, has announced its decision to acquire Valkyrie Funds, a US-based competitor. This move comes shortly after the US Securities and Exchange Commission approved Valkyrie Fund’s application for a spot in Bitcoin ETF, along with ten other issuers, on January 10. The approved ETF, known as Valkyrie Bitcoin Fund […]
CoinShares, a leading European crypto investment firm, has announced its decision to acquire Valkyrie Funds, a US-based competitor. This move follows the recent approval of Valkyrie Fund’s application for a spot in Bitcoin ETF by the US Securities and Exchange Commission. The approved ETF, known as Valkyrie Bitcoin Fund (BRRR), began trading on Nasdaq a […]
BMW achieved record sales in the past year, selling more than ever before. The global sales increased by 6.5% to approximately 2.55 million vehicles, following a strong final quarter. The sales of fully electric vehicles (BEVs) increased by 74% to 376,000 vehicles, making BMW grow faster in this segment than the overall market for fully […]
Marco Valla, who joined from Barclays last year, is leading a new initiative and has already made at least ten subsequent hires. The team is set to be the 12th for 2022, leaving six more spots to fill. In other news, UBS has gained an activist investor, Cevian Capital, who have so far only issued […]
UBS, the Swiss financial giant, is making a renewed push into the lucrative US investment-banking market, more than a decade after it abandoned its ambitions of becoming a major player in the sector. This time, however, the bank’s ambitions are more measured.The bank’s recent takeover of its local rival, Credit Suisse, along with turmoil at […]
In the evolving landscape of post-spot Bitcoin ETF (Exchange Traded Fund), industry players are strategizing to gain a competitive edge. These strategies are either aimed at capturing direct market share or using an indirect approach.Asset manager CoinShares has made a significant move to strengthen its position in the U.S. market by announcing its decision to […]
CoinShares, a leading European crypto asset manager, has made a significant stride into the U.S. market by acquiring the exchange-traded fund (ETF) unit of Valkyrie Investments, a Nashville-based company. This strategic move follows the recent approval of spot bitcoin ETFs by the Securities and Exchange Commission (SEC), including Valkyrie’s Bitcoin Fund (BRRR), which debuted on […]
Bitcoin miner Hut 8 has successfully expanded its borrowing capacity with Coinbase, a United States-based cryptocurrency exchange, to $65 million. This comes as a result of an additional $15 million secured from a Coinbase subsidiary, as stated on January 12. This new deal is an amendment and restatement of Hut 8’s previous $50 million credit […]
European cryptocurrency investment firm CoinShares is moving forward with a potential acquisition of its United States competitor, Valkyrie Funds. Valkyrie is an issuer of a spot Bitcoin exchange-traded fund (ETF) in the U.S. CoinShares confirmed on Jan. 12 its strategic option to acquire Valkyrie, a move that bolsters its efforts to penetrate the U.S. market.A […]
