TLDR Crypto · MISCELLANEOUS

VALKYRIE IS THE FIRST TO PROVIDE ETHER FUTURES EXPOSURE IN AN ETF

blockworks.co2 min read

Summary from the TLDR Crypto newsletter

Valkyrie's Bitcoin Strategy ETF has successfully added ether futures contracts. Effective on October 3, the fund will formally alter its investment strategy, resulting in a name change to Valkyrie Bitcoin and Ether Strategy ETF. Other ETF issuers are expected to follow and launch their own ether futures offerings. Valkyrie's amended approach could allow them to launch earlier compared to proposed issues from other platforms.