$ 82,100.8
$ 1,837.80
$ 0.6617
$ 600.45
$ 124.76
Dec 17, 2021
A Valkyrie Funds ETF Focusing on Companies with Exposure to Bitcoin Has Been Launched
An emerging investment manager focused on the digital asset class, is thrilled to announce the launch of the Valkyrie Balance Sheet Opportunities ETF on Nasdaq, an exchange-traded fund (ETF) that aspires to invest in innovative public firms with exposure to Bitcoin. "Bitcoin and digital assets are attracting more attention from around the world," said Leah Wald, CEO of Valkyrie. "Companies with bitcoin exposure have read the tea leaves and opted to act in order to maintain their value, as well as to possibly produce higher returns for shareholders in the decades ahead."
The primary objective of this actively managed fund is to invest in companies that invest in, trade-in, or have exposure to the bitcoin asset class on their balance sheets, as well as firms that operate within the Bitcoin (BTC) ecosystem. The fund does not invest in Bitcoin directly. This is the second in a series of ETFs that Valkyrie Funds plans to issue to allow investors to engage in the digital asset market.
Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Trishla is a crypto writer and social media aficionado. She has substantial experience in covering updates, events, and news related to the crypto space, along with rapidly expanding blockchain and financial technology markets. Her experience in the cryptocurrency market has led her to become a crypto hodler herself.