Valkyrie Investments throws its hat in the ring for a spot Bitcoin ETF, joining BlackRock, Invesco, WisdomTree, and Bitwise

Valkyrie Investments has filed for a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC), according to a June 21 filing.

That filing describes the projected concern arsenic an exchange-traded money (ETF) that allows investors to acquisition shares of a spot containing Bitcoin.

Like galore different applicants, Valkyrie saw the SEC cull its erstwhile exertion for a spot Bitcoin ETF arsenic it failed to fulfill concerns astir surveillance-sharing agreements and marketplace manipulation. That rejection took spot successful December 2021.

Though the latest filing discusses the supra issues astatine length, it is unclear whether the filing sufficiently addresses the SEC’s past concerns oregon provides caller information.

Other firms record for spot Bitcoin ETFs

Other plus absorption companies, including Invesco, WisdomTree, and Bitwise person besides filed for spot Bitcoin ETFs successful caller days. Those filings travel an exertion from the industry elephantine BlackRock, which has generated plentifulness of hype.

Fidelity and Fidelity Digital Assets are also rumored to beryllium pursuing a spot Bitcoin ETF, though those rumors are not verified, and the companies person made nary filing.

There is presently nary spot Bitcoin ETF disposable to U.S. investors.

The station Valkyrie Investments throws its chapeau successful the ringing for a spot Bitcoin ETF, joining BlackRock, Invesco, WisdomTree, and Bitwise appeared archetypal connected CryptoSlate.