.EricBalchunas unveils that Valkyrie plans to convert $BTF into a Bitcoin + Ether ETF
Valkyrie Investments, a Tennessee-based asset manager with over $1 billion in AUM, has joined the race for a cryptocurrency ETF approval in an unusual way. At the same time, a similar procedure led to success at least once, Bloomberg ETF analyst recalls.U.S.
-headquartered asset management giant Valkyrie filed with the Securities and Exchanges Commission to change the name of its Bitcoin Strategy ETF. The new product, dubbed Valkyrie Bitcoin and Ether Strategy ETF, is set to provide investors with exposure to a combination of Bitcoin and Ethereum futures.
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