This has started the 45-day countdown for a response to the bitcoin ETF application. Before the end of this period, the SEC has to either approve, deny, or extend the review period. Extensions can be as long as 240 days. VanEck filed for the ETF earlier this year. The Chicago Board Options Exchange (CBOE) shortly … Continued
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The fund, called Valkyrie Innovative Balance Sheet ETF, will concentrate on the “securities of operating companies … that directly or indirectly invest in, transact in or otherwise have exposure to bitcoin or operate in the bitcoin ecosystem”. With this ETF, Valkyrie will be able to invest into companies working directly in the Bitcoin environment, such … Continued