Valkyrie’s latest ETF offering has exposure to Bitcoin -Breaking
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© Reuters. Valkyrie, a crypto asset manager has created an exchange-traded mutual fund that is exposed to the Nasdaq Stock Exchange.
In a Wednesday SEC filing, Valkyrie Its Balance Sheet Opportunities ETF won’t invest in Bitcoin directly (BTCBut 80% of the company’s net assets could be used to expose it to the cryptocurrency asset via securities held by U.S.-based companies that have BTC as a balance sheet. This could include traders, custodians and crypto exchanges.
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