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According to a recent report, the cryptocurrency company Abra has acquired a collection of digital currency trusts from Valkyrie Investments. The transaction, which includes Valkyrie’s Tron and Zilliqa trusts, was…
The deal comes as Bitcoin ETF applications in the U.S. are seemingly inching closer toward regulatory approval.
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.
Valkyrie Investments, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale’s Bitcoin Trust (GBTC). The company states that it is “uniquely qualified” for the…
The digital currency asset manager Valkyrie has applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The fund plans invest at least 80% of its…