Valkyrie Digital Assets Files ETF Proposal for Bitcoin Holding Firms
Last Updated: 13 March 2021
Valkyrie Digital Assets, a US crypto-focused investment firm, is making another attempt at bringing a bitcoin exchange-traded fund (ETF) through a modified prospectus filing.
Investments in Bitcoin-facing Companies
The N-1A filing named Valkyrie Innovative Balance Sheet ETF would enable investors to buy stocks from companies that own Bitcoin investments. The document was submitted to the US Securities and Exchange Commission (SEC) on Friday.
According to the document, the company will let investors invest principally in companies’ securities with some form of exposure to Bitcoin in their balance sheet.