a Nasdaq listing suggests that the US SEC will soon approve Valkyrie’s Bitcoin ETF application

The US Securities and Exchange Commission will shortly approve an application by crypto asset manager Valkyrie for an exchange-traded Bitcoin Strategy fund whose shares are to be listed on the Nasdaq stock exchange.

According to a statement from the SEC dated October 15 The agency accepted the registration of shares in Valkyrie’s exchange-traded fund, or ETF, Bitcoin Strategy, to be listed on the Nasdaq. to be noted. In a letter from the Nasdaq vice president of listing ratings, which Eun Ah Choi submitted on the same day, the exchange announced that the Bitcoin ETF shares had been certified by Valkyrie.

In its August 11 prospectus with the SEC, Valkyrie said its Bitcoin (BTC) strategy ETF would offer indirect exposure to the crypto asset with cash-settled futures contracts. The contracts are acquired through a wholly-owned Cayman Islands subsidiary whose stock exchanges are registered with the US Commodities Futures Trading Commission.

a Nasdaq listing suggests that the US SEC will soon approve Valkyrie’s Bitcoin ETF application
a Nasdaq listing suggests that the US SEC will soon approve Valkyrie’s Bitcoin ETF application

This story is in progress and can be updated.

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