“To successfully front-run, you need to be able to predict the short-term price moves of the underlying [asset] with relative confidence; the volatility of bitcoin and the crypto asset-class makes that a particularly difficult task, fraught with risk,” Sui Chung, CEO of CF Benchmarks said in a Telegram chat. “What makes crypto products unique, therefore, is that the volatility … [Read more...] about Valkyrie Counters BIS, Says Concern on Bitcoin ETF Front-Running Is Misplaced
Valkyrie
Valkyrie Launches ETF to Track Bitcoin Balance Sheet Stocks
Balance Sheet Opportunities ETF, trading as VBB on Nasdaq, is long on MicroStrategy, Square, Tesla and other crypto industry bulls. An actively managed thematic ETF, it steers clear of bitcoin futures, sticking only to equities that invest in the coin. Source link … [Read more...] about Valkyrie Launches ETF to Track Bitcoin Balance Sheet Stocks
Valkyrie announces $100 million DeFi fund across blockchains like Avalanche and Solana
Valkyrie Investments has announced a $100 million DeFi fund designed to cater to institutional investors and offer them exposure to the growing industry of decentralized finance – or ‘DeFi’ in crypto circles.The “On-Chain DeFi fund” goes live on November 22 and would invest in about a dozen protocols spread across thirteen blockchains. The fund will be available for accredited … [Read more...] about Valkyrie announces $100 million DeFi fund across blockchains like Avalanche and Solana
Valkyrie to Launch $100M ‘On-Chain DeFi Fund’
In terms of what mix of DeFi platforms the Valkyrie fund will invest in, the list is long, Cowan said, and includes most major DeFi protocols. “We see a lot of opportunities on blockchains including Ethereum, Avalanche, Solana, Binance Smart Chain, Matic and Fantom,” he wrote. Source link … [Read more...] about Valkyrie to Launch $100M ‘On-Chain DeFi Fund’
SEC delays decision on Valkyrie Bitcoin ETF
The United States Securities and Exchange Commission has postponed its decision on whether to approve a Bitcoin (BTC) exchange-traded fund.The SEC has delayed its decision on a Bitcoin ETF filing by Texas-based family investment fund Valkyrie Digital Assets after receiving comments on the proposed rule change regarding the new fund.According to an official Tuesday filing by the … [Read more...] about SEC delays decision on Valkyrie Bitcoin ETF