{"id":56654,"date":"2022-01-26T18:12:37","date_gmt":"2022-01-26T16:12:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=56654"},"modified":"2025-09-04T07:31:46","modified_gmt":"2025-09-04T04:31:46","slug":"valkyrie-files-to-launch-etf-based-on-bitcoin-miner-stocks","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/valkyrie-files-to-launch-etf-based-on-bitcoin-miner-stocks\/","title":{"rendered":"Valkyrie files to launch ETF based on Bitcoin-miner stocks"},"content":{"rendered":"<p>Asset-management firm Valkyrie Investments has filed with the <span data-descr=\"Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> <a href=\"https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/0001877493\/000138713122000693\/vbm-485bpos_012122.htm\">application<\/a> to launch an exchange-traded fund (ETF) based on shares of companies deriving at least 50% of their profits from mining the first cryptocurrency.<\/p>\n<p>The category also includes suppliers of equipment, software, or services used in mining operations.<\/p>\n<p>According to the prospectus, the Valkyrie Bitcoin Miners ETF plans to invest at least 80% of its net assets in the securities of mining companies, with 20% in shares of issuers that hold digital gold on their balance sheets.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The ETF will not invest in Bitcoin directly or indirectly, using derivatives or investments in funds and trusts that hold the asset,&#8221; the prospectus states.<\/p>\n<\/blockquote>\n<p>The investment adviser will be the Valkyrie Funds division. In making decisions, it will not only consider business aspects but also take into account the environmental impact of mining operations.<\/p>\n<p>Up to 80% of the fund&#8217;s investments will be directed to companies that use at least 50% of their electricity for mining from renewable sources.<\/p>\n<p>In December 2021, VanEck filed with the SEC <a href=\"https:\/\/u1f987.com\/en\/news\/vaneck-files-for-mining-company-shares-etf-launch\">an application to launch a similar product<\/a> focused on miner stocks.<\/p>\n<p>Earlier, on Nasdaq <a href=\"https:\/\/u1f987.com\/en\/news\/nasdaq-begins-trading-valkyrie-investments-futures-based-bitcoin-etf\">began trading<\/a> the Bitcoin futures ETF from Valkyrie Investments.<\/p>\n<p>The company also <a href=\"https:\/\/u1f987.com\/en\/news\/valkyrie-launches-etf-based-on-shares-of-bitcoin-investing-companies\">launched<\/a> an actively managed ETF based on the shares of companies whose financial reserves include digital gold.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The asset management firm Valkyrie Investments filed with the SEC for the launch of an ETF based on the shares of companies deriving at least 50% of their profits from mining the first cryptocurrency.<\/p>\n","protected":false},"author":1,"featured_media":56655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1211],"class_list":["post-56654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=56654"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56654\/revisions"}],"predecessor-version":[{"id":56656,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56654\/revisions\/56656"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/56655"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=56654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=56654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=56654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}