Digital asset manager Valkyrie Investments has filed an updated spot Bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The Valkyrie Bitcoin Fund aims to offer investors the opportunity to invest in common shares backed by Bitcoin. The shares will be traded under the ticker symbol “BRRR” on the Nasdaq Stock Market. This move comes after the SEC delayed its decision on the Valkyrie Bitcoin Fund in September. Valkyrie joins several other firms, including Bitwise, BlackRock, Fidelity, Grayscale, VanEck, and ARK Invest, in amending their spot BTC ETF filings. Analysts see these amendments as a positive sign of progress and potential approvals. The SEC currently has eight to ten filings for spot Bitcoin ETFs awaiting consideration.
This News Article was automatically generated by Bob the Bot (AI)
Information |
Details |
Geography |
North America |
Countries |
🇺🇸 |
Sentiment |
positive |
Relevance Score |
1 |
People |
James Seyffart |
Companies |
Bitwise, SEC chairman Gary Gensler, Grayscale, Valkyrie Investments, United States securities regulators, U.S. Securities and Exchange Commission (SEC), VanEck, ARK Invest, Fidelity, Franklin Templeton, WisdomTree, Global X, Invesco & Galaxy, Nasdaq Stock Market, Hashdex, BlackRock |
Currencies |
Bitcoin, Burrow |
Securities |
None |