Valkyrie files new S-1, adopts cash-only approach for spot Bitcoin ETF
In an update on X, Bloomberg Intelligence analyst James Seyffart shares that Valkyrie Funds has filed a new S-1 at 6:01 a.m. today. This move follows the lead of Bitwise and Invesco, emphasizing cash-only creations and redemptions. Looking ahead Like Invesco, the filing expresses a desire to transition to in-kind transactions when regulations
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