{"id":80575,"date":"2023-06-22T10:10:45","date_gmt":"2023-06-22T07:10:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80575"},"modified":"2025-09-11T17:48:47","modified_gmt":"2025-09-11T14:48:47","slug":"valkyrie-seeks-to-register-a-spot-bitcoin-etf","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/valkyrie-seeks-to-register-a-spot-bitcoin-etf\/","title":{"rendered":"Valkyrie seeks to register a spot Bitcoin ETF"},"content":{"rendered":"<p>A Valkyrie Investments subsidiary <a href=\\\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1841175\/000138713123007682\/valkyrie-s1a_062123.htm\\\">filed<\/a> with the <span data-descr=\\\"U.S. Securities and Exchange Commission\\\" class=\\\"old_tooltip\\\">SEC<\/span> an application to launch an exchange-traded fund (ETF) based on the spot price of Bitcoin.<\/p>\n<p>The Valkyrie Bitcoin Fund intends to hold the cryptocurrency and track the asset\u2019s fair value according to the CME CF Index.<\/p>\n<p>According to the filing, the trust will issue shares designed to provide an economically efficient and convenient way to invest in Bitcoin.<\/p>\n<p>The fund administrator will be Valkyrie Digital Assets.<\/p>\n<p>The company plans to list the trust\u2019s shares on Nasdaq under the ticker BRRR.<\/p>\n<p>In October 2021, the regulator <a href=\"https:\/\/u1f987.com\/en\/news\/sec-approves-futures-based-bitcoin-etfs-from-vaneck-and-valkyrie-investments\">approved the Valkyrie Bitcoin Strategy ETF<\/a> based on Bitcoin futures.<\/p>\n<p>In February 2022, the company <a href=\"https:\/\/u1f987.com\/en\/news\/sec-approves-valkyries-mining-focused-etf\">launched an exchange-traded fund<\/a> tracking a basket of stocks of companies involved in mining Bitcoin.<\/p>\n<p>In October of the same year, Valkyrie <a href=\"https:\/\/u1f987.com\/en\/news\/valkyrie-to-liquidate-etf-tied-to-shares-of-bitcoin-investing-companies\">liquidated the ETF<\/a> based on the shares of companies that directly or indirectly invest in, trade in, or hold digital gold as a reserve asset.<\/p>\n<p>Earlier in June 2023, applications to launch a spot Bitcoin ETF were also filed by asset managers <a href=\"https:\/\/u1f987.com\/en\/news\/blackrock-files-for-bitcoin-etf-launch\">BlackRock<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/wisdomtree-and-invesco-file-applications-to-launch-bitcoin-etfs\">WisdomTree and Invesco<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Valkyrie Investments subsidiary filed with the SEC an application to launch a spot-price Bitcoin ETF.<\/p>\n","protected":false},"author":1,"featured_media":80576,"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":[1211],"class_list":["post-80575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80575","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=80575"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80575\/revisions"}],"predecessor-version":[{"id":80577,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80575\/revisions\/80577"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/80576"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=80575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=80575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=80575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}