Express

Valkyrie Digital Assets Launched Polkadot Trust Following Osprey

Mary Liu

Summary: According to Coindesk, Valkyrie Digital Assets has launched Polkadot DOT Trust, which is designed to track the price of DOT, after Osprey Funds launching the first Polkadot trust earlier this week.  Valkyrie charges a 2% management fee for the fund with a 2.5% fee from Osprey. Both companies decided to waive management fees for the ...

According to Coindesk, Valkyrie Digital Assets has launched Polkadot DOT Trust, which is designed to track the price of DOT, after Osprey Funds launching the first Polkadot trust earlier this week. 

Valkyrie charges a 2% management fee for the fund with a 2.5% fee from Osprey. Both companies decided to waive management fees for the first two years. 

Osprey declined to disclose the size of its assets under management (AUM). Valkyrie pointed out that the fund's AUM was $10 million when it was launched.

By Mary Liu

Last Update:

Tags: ,,,
Link: Valkyrie Digital Assets Launched Polkadot Trust Following Osprey   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 2 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 6 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 8 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 10 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 13 days ago

    • You need to login to comment.