Due to SEC delays, Valkyrie will provide exposure to Ether futures.
There is speculation among analysts regarding potential announcements or delays by the SEC concerning cryptocurrency exchange-traded funds before September 30th, in light of the looming possibility of a U.S. government shutdown. Valkyrie, an asset management firm, is set to introduce United States investors to Ether futures exposure through its existing Bitcoin Strategy exchange-traded fund (ETF). A spokesperson from Valkyrie , in a statement to Cointelegraph on September 28th, revealed that the firm’s Bitcoin Strategy ETF will grant investors access to both Ether and Bitcoin future s, all encapsulated within a single investment vehicle. This move positions Valkyrie among the pioneering firms in this endeavor, amidst a backdrop of multiple pending applications with the U.S. Securities and Exchange Commission. Effective October 3rd, the fund will undergo a name change to become the Valkyrie Bitcoin and Ether Strategy ETF. At the time of this publication, the SEC had not yet re...