Will the SEC say no? Valkyrie applied to trade an ETF with exposure to Bitcoin mining firms on the Nasdaq Stock Market.
from ProShares. At the time of publication, shares of the fund traded on the Nasdaq for $14.93, having fallen more than 40% since opening on Oct. 22.hasn’t given the green light
to any Bitcoin spot exchange-traded fund in the United States. The Valkyrie Bitcoin Miners ETF resembles the Digital Asset Mining ETF proposed by asset manager VanEck in December 2021, which plans to invest 80% of its total assets in securities from crypto mining firms — the regulatory body has until Feb. 14 to reach a decision on the fund or extend the deadline.
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