Digital asset investment company CoinShares has secured a strategic option to buy Valkyrie’s exchange-traded fund.
CoinShares Gets Buying Rights
Europe’s leading digital asset investor, CoinShares, has secured the buying rights to the exchange-traded fund (ETF) of its US counterpart, Valkyrie Investments. The strategic option is active until it expires on 31 March 2024 and is awaiting regulatory approval. Till a deal is finalized, Valkyrie will remain an independent entity and function accordingly.
The team at Valkyrie announced the news on X.com,
“Big News! Valkyrie is set to join the CoinShares family! We’re thrilled about this partnership, uniting our U.S. market insights with CoinShares’ global expertise. Together, we’re redefining digital asset investment in the U.S. and beyond!”
Valkyrie’s ETF Efforts
The Valkyrie Funds unit will also include the Valkyrie Bitcoin Fund, which was filed on June 21, along with BlackRock and a host of other financial firms. The strate
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