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Valkyrie Digital Assets' New ETF Will Invest In Companies With Exposure To Bitcoin

Mary Liu

Summary: An asset management company is searching for another way to invest in cryptos. Valkyrie Digital Assets filed an application to the US Securities and Exchange Commission (SEC) for its new fund: Valkyrie Innovative Balance Sheet ETF. The fund aims to invest in companies that directly holding Bitcoin, or indirectly participate in the Bitcoin ecosystem.  Regarding ...

An asset management company is searching for another way to invest in cryptos.

Valkyrie Digital Assets filed an application to the US Securities and Exchange Commission (SEC) for its new fund: Valkyrie Innovative Balance Sheet ETF.

The fund aims to invest in companies that directly holding Bitcoin, or indirectly participate in the Bitcoin ecosystem. 

Regarding the scope of investment, Valkyrie explained: "The Fund…will invest principally in the securities of operating companies that have innovative balance sheets…Operating companies that directly or indirectly invest in, transact in or otherwise have exposure to Bitcoin or operate in the Bitcoin ecosystem".

By Mary Liu

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