{"id":17321,"date":"2022-01-26T16:19:46","date_gmt":"2022-01-26T15:19:46","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=17321"},"modified":"2022-01-26T16:19:57","modified_gmt":"2022-01-26T15:19:57","slug":"valkyrie-files-for-bitcoin-miners-etf-on-nasdaq","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/valkyrie-files-for-bitcoin-miners-etf-on-nasdaq\/","title":{"rendered":"Valkyrie applies to the SEC to list its Bitcoin Miners ETF on Nasdaq"},"content":{"rendered":"\n
According to Valkyrie<\/a>, the Bitcoin Miners ETF will have a 0.75% management fee and will invest in both domestic and international companies.<\/h5>\n\n\n\n
\"Valkyrie<\/figure><\/div>\n\n\n\n

Valkyrie, a crypto asset management, has applied to the Securities and Exchange Commission\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> (SEC) in the United States to establish an exchange-traded fund (ETF) that invests in bitcoin mining firms on Nasdaq.<\/p>\n\n\n\n

According to a filing with the Securities and Exchange Commission on Wednesday, the Valkyrie Bitcoin Miners ETF would invest at least 80% of its net assets in securities of companies that earn at least 50% of their profit from bitcoin mining<\/a>.<\/p>\n\n\n\n

Following the SEC's refusal to approve a spot bitcoin ETF, asset managers and financial firms have turned to futures-based products or corporations that are already exposed to bitcoin in other ways, such as mining or storing crypto on their balance sheets.<\/p>\n\n\n\n

Valkyrie's miners ETF has a similar composition to VanEck's digital asset mining ETF,<\/a> which was approved by the SEC in December of last year.<\/p>\n\n\n\n

Following ProShares and VanEck, Valkyrie became the third business to receive SEC clearance to market a bitcoin futures ETF in October.<\/p>\n\n\n\n

The planned fund will have a 0.75 percent management fee and will invest in both domestic and international companies, including those from emerging market countries as defined by the FTSE Emerging Index<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

According to Valkyrie, the Bitcoin Miners ETF will have a 0.75% management fee and will invest in both domestic and international companies. Valkyrie, a crypto asset management, has applied to the Securities and Exchange Commission (SEC) in the United States to establish an exchange-traded fund (ETF) that invests in bitcoin mining firms on Nasdaq. According […]<\/p>\n","protected":false},"author":12,"featured_media":17324,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83],"tags":[6855,5599,5747,6173],"class_list":["post-17321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin-miners-2","tag-etf-2","tag-sec-2","tag-valkyrie-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/01\/image-270.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/17321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=17321"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/17321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/17324"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=17321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=17321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=17321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}