Bitcoin ETF Provider Valkyrie to Be Bought as CoinShares Adds U.S. Arm

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Bitcoin ETF Provider Valkyrie to Be Bought as CoinShares Adds U.S. Arm

The acquisition will add around $110 million to CoinShares existing assets under management (AUM) of $4.5 billion. As well as the newly approved spot Valkyrie Bitcoin Fund (BRRR), CoinShares gains the Bitcoin and Ether Strategy ETF (BTF) and the Bitcoin Miners ETF (WGMI). www.coindesk.com

The acquisition will add around $110 million to CoinShares existing assets under management (AUM) of $4.5 billion. As well as the newly approved spot Valkyrie Bitcoin Fund (BRRR), CoinShares gains the Bitcoin and Ether Strategy ETF (BTF) and the Bitcoin Miners ETF (WGMI).

www.coindesk.com