Tagcryptocurrency sector.

Valkyrie Revamps Bitcoin ETF Application: A Leap Towards Crypto Accessibility

Extended Summary: Valkyrie Investments has made significant strides in the cryptocurrency space by amending its application for a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). This strategic move is aimed at providing traditional investors with a novel opportunity to invest in Bitcoin through common shares, which are slated to be traded on the Nasdaq Stock Market under the ticker symbol “BRRR.” Valkyrie joins the ranks of other prominent asset managers such as BlackRock, Fidelity, and Bitwise in revising their Bitcoin ETF applications. However, the SEC...