The race is on yet again for crypto ETFs as Valkyrie files registration

Cointelegraph

Published Jan 23, 2021 12:27PM ET

Updated Jan 23, 2021 02:00PM ET

In a move that may give seasoned investors flashbacks to 2018, Valkyrie Digital Assets is the latest asset management firm to file a registration with the SEC to form a Bitcoin ETF — a bid that joins a crowded field of prospective fund managers looking to capitalize on renewed retail interest in cryptocurrencies.

Filed on Friday, the Texas-based family investment fund proposed listing the Valkyrie Bitcoin Trust on the New York Stock Exchange. The application did not include a possible trading ticker.

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