After a turbulent year-long bearish sentiment, the impressive crypto market rally in 2023 has impacted related products such as exchange-traded funds (ETF). In this line, little-known Valkyrie Bitcoi...
Tag: Valkyrie
Valkyrie Investments Seeks More Control of the Grayscale Bitcoin Trust
Valkyrie Investments is working to become the new sponsor and manager of the Grayscale Bitcoin Trust, arguably the largest digital currency fund in existence. Valkyrie Investments Wants a Bigger Role ...
Valkyrie wants to take over GBTC: Plans Revealed
Valkyrie Investments revealed plans for GBTC management. Citing previous experience in management of similar assets. GBTC has been offering massive discounts on NAV throughout 2022. 2022 has not b...
Valkyrie Investments Wants To Take Over Grayscale Bitcoin Trust, Reveals Plans
The state of the Grayscale Bitcoin Trust (GBTC), the largest BTC trust in the world, has sparked concerns among investors in the space. With such a large discount to net asset value (NAV), there have ...
Crypto Asset Manager Valkyrie to Save Grayscale Bitcoin Trust
Exchange News Following the GBTC discount to NAV increases, Valkyrie announces sponsor for Grayscale’s Bitcoin Trust. The fund’s discount had increased to above 45% by December 30, 2022. Valkyrie Inve...
Valkyrie Unveils Proposal for Grayscale’s Troubled Bitcoin Trust (GBTC)
(Bloomberg) — Valkyrie Investments is out with a proposal for a much larger rival product: to become the new sponsor and manager of the crypto industry’s largest fund, the Grayscale Bitcoin trus...
Valkyrie Reveals Intention to Sponsor Grayscale’s Bitcoin Trust as GBTC Discount to NAV Widens – Bitcoin News
Valkyrie Investments, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale’s Bitcoin Trust (GBTC). The company states that it is “uniquely qualified” for...
Crypto Investment Firm Valkyrie Wants To Take Over Grayscale Bitcoin Trust, Says It’s Time for a Change
Crypto asset manager Valkyrie Investments says it is interested in sponsoring and managing Grayscale’s publicly traded Bitcoin (BTC) fund. In a new statement, Valkyrie co-founder Steve McClurg announc...
Crypto Asset Manager Valkyrie Investments Wants to Sponsor, Manage Grayscale Bitcoin Trust
Crypto asset manager Valkyrie Investments wants to become the sponsor and manager of the Grayscale Bitcoin Trust (GBTC), the company said in a blog post this week. Valkyrie, one of Grayscale’s rivals,...
Valkyrie to take over troubled bitcoin trust held by Grayscale
The asset management firm has laid out plans to manage Grayscale’s bitcoin trust, which has significantly declined since the beginning of the crypto winter. Valkyrie, a Nashville, Tennessee-based asse...
Valkyrie Submits Proposal To Manage Grayscale’s Bitcoin Trust
Crypto Assets Manager Valkyrie Investments has unveiled a proposal to become the sponsor and manager of the Grayscale Bitcoin Trust. The Grayscale Bitcoin Trust (GBTC) is the world’s largest Bitcoin ...
Valkyrie aims to rescue Grayscale’s Bitcoin Trust
Valkyrie Investments announced in a Dec. 28 statement that it has submitted a proposal to become the sponsor and manager of Grayscale’s Bitcoin Trust. Grayscale BTC (GBTC) is among the largest Bitcoin...
Valkyrie wants to ‘manage and sponsor’ Grayscale’s GBTC
Valkyrie Investments said it has a proposal for Digital Currency Group’s struggling Grayscale Bitcoin Trust and that it’s ready to become a “sponsor and manager” of the fund. “...
Justin Sun Top Client of Valkyrie Crypto Asset Manager: Report
Justin Sun is among the youngest crypto developers and enthusiasts. Justin Sun is the Ambassador and Permanent Representative of Grenada to the WTO. Justin Sun is among one of the ri...
Valkyrie Shrinks Staff to 16 People After Latest Cuts
Valkyrie Investments has laid off 30% of its staff in recent months and has closed a fund as the crypto ETF issuer tries to stay agile amid tough market conditions. The cuts amount to six people in t...
Bitcoin ETF to be Liquidated by Valkyrie Funds
Valkyrie to liquidate one of its Bitcoin ETF soon. About Valkyrie Balance Sheet opportunities ETF. Struggling to get approval from regulatory body SEC. The Firm’s Declaration On 11 october, the Valk...
Valkyrie Has Lost Its Biggest Participant in $11M Funding Round
3 hours ago | 2 mins read Editors News Valkyrie recently said that the biggest participant in the funding round had defaulted. The crypto platform previously announced that it had raised $11.15 millio...
Crypto Asset Manager Valkyrie Lost the Biggest Investor in Its $11M Funding Round
“We had a signed subscription doc in-hand, and their [limited partners] were blue chip firms that have impeccable reputations in the business,” she wrote in the letter dated Oct. 7. “...
Valkyrie Funds to Liquidate Bitcoin-Focused Investment Vehicle
The leading crypto asset manager Valkyrie Funds, is all set to liquidate one of the exchange-traded funds (ETFs) it manages. According to the official press release, the company plans to close its Val...
Valkyrie Investments Announces Liquidation of Bitcoin ETF
On Tuesday, October 11, Valkyrie Funds announced liquidation of one of its exchange traded funds under its management. The fund said to be closed is Valkyrie Balance Sheet Opportunities Fund (VBB). On...
Valkyrie to Liquidate Bitcoin Balance Sheet ETF following Low Customer Demand
Valkyrie Funds LLC, a digital asset ETF issuer in the US, announced Tuesday that it will liquidate one of its exchange-traded funds (ETFs) that invests in innovative public companies with exposure to ...
Valkyrie Funds set to liquidate Bitcoin-focused ETF amid suppressed intake
Crypto asset management firm Valkyrie Funds has announced plans to liquidate its Balance Sheet Opportunities ETF (VBB) by the end of October. The firm noted that after liquidation, the fund would be ...
Valkyrie Funds Introduces Crypto SMAs for Fund Managers & Advisors
Valkyrie Funds, an alternative asset management firm based in the US, announced on Tuesday the launch of a new Valkyrie Risk Managed Separately Managed Account (VSMA) platform that aims to enable fina...
Valkyrie Adds Crypto SMAs as Institutions Eye Digital Assets
Pensions, endowments and corporations likely to pivot to these types of products once markets stabilize, according to Valkyrie’s head of distribution SMA wrappers allow for more curated exposure manag...
Valkyrie Crypto Trust Collects Almost $ 74 Million In Funding Amidst A Volatile Market.
Valkyrie, a specialized alternative asset management company, has included $73.6 million in funds into two crypto-centered capitals. Valkyrie firstly had $1.2 billion in assets under management in the...
Valkyrie Crypto Trusts Gather Nearly $74 Million In Funding Amid Bear Market
An alternative investment company, Valkyrie, has added $73.6 million in capital into two crypto-focused trust funds. Valkyrie initially had $1.2 billion in assets under management at the end of the se...
Investors Add $74M to Crypto-Focused Valkyrie Trusts
“Tron has gained significant traction because the Tron network continues to see continued transaction growth, including for stablecoins, and investors familiar with the Asia-Pacific region have starte...
Valkyrie raises $73.6M for crypto-focused trusts
Alternative asset management firm Valkyrie raised $73.6 million in capital to fund two of its crypto-focused trusts, according to an amended filing with the U.S. Securities and Exchange Commission (SE...
Some Cheap Crypto Mining Stocks Could Be Value Traps, Warns Asset Manager Valkyrie
Miners with smaller crypto holdings relative to their market capitalization include Hive Blockchain (HIVE), Bit Digital (BTBT), CleanSpark (CLSK), Stronghold Digital (SDIG) and Greenidge Generation (G...