Valkyrie transitions its Bitcoin Strategy ETF to encompass Ethereum futures, marking an innovative move.
With the SEC’s approval, Valkyrie paves the way, hinting at a transformative evolution in the cryptocurrency investment arena.
Drawing from a fresh Coindesk update and amplified by fervent tweets, the investment domain is on the verge of a notable paradigm shift. Asset manager Valkyrie has taken a pioneering step by amalgamating Bitcoin (BTC) and Ethereum (ETH) futures under a singular Exchange Traded Fund (ETF) umbrella. This monumental move materialized post a green light from the Securities and Exchange Commission (SEC), permitting Valkyrie to evolve its existing Bitcoin futures ETF into a dual cryptocurrency investment channel.
A Pioneering Hybrid Crypto ETF
Upon SEC’s endorsement, Valkyrie initiated the acquisition of Ether futures contracts, thus metamorphosing the Valkyrie Bitcoin Strategy ETF (Nasdaq: $BTF) into a trailblazing entity. This transition denotes it as the in

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