Valkyrie


Markets

Valkyrie Backs Off Ether Futures Purchases Until SEC ETF Approval Officially Effective

The asset manager Thursday said it had already begun purchasing ether futures contracts.

Valkyrie's bell-ringing in September included a guest from Tron. (Screenshot/Nasdaq.com)

Finance

Valkyrie Gets Approval to Start Buying ETH Futures for Its Existing Bitcoin ETF

The fund's new strategy to combine ether and bitcoin will be effective formally on Oct. 3.

Valkyrie's bell-ringing in September included a guest from Tron. (Screenshot/Nasdaq.com)

Videos

Steven McClurg: Bitcoin Spot ETF Race

A growing number of asset management companies are joining the race for the approval of a Bitcoin spot exchange-traded fund in the United States while the Securities and Exchange Commission keeps delaying its decision on existing applications. In a Word on the Block interview with Forkast Editor-in-Chief Angie Lau, Steven McClurg, Chief Investment Officer and Co-Founder of Valkyrie, an asset management firm with a pending spot Bitcoin ETF application, said the approval for BTC spot ETFs in the U.S. might be imminent, potentially by the second quarter of 2024. Additionally, he addressed the SEC’s prior reservations, including custody and surveillance issues, stating that they have now been resolved.

Word on the Block

Videos

Bitcoin Slumps Below $28K; Genesis, FTX Strike Deal for $175M Bankruptcy Claim

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as bitcoin (BTC) trades below $28,000. FTX’s Alameda Research strikes a deal with bankrupt crypto company Genesis, according to new court filings. Valkyrie Digital Assets is doubling down on ether futures products. And, a closer look at where is PayPal pressing pause on crypto transactions.

CoinDesk placeholder image

Finance

Valkyrie Refiles for Spot Bitcoin ETF With Coinbase as Surveillance Partner

The asset manager first filed for a spot bitcoin exchange-traded fund in January 2021.

Canary Capital founder and CEO Steve McClurg (Danny Nelson/CoinDesk)

Videos

BNB Dropped to 5-Month Low Amid SEC Action Against Binance

BNB, the Binance Smart Chain’s native token, dropped to a five-month low of $252, according to CoinDesk data. This comes as the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance and CEO Changpeng "CZ" Zhao, and claimed BNB is a security. Valkyrie Chief Investment Officer Steven McClurg shares his crypto markets analysis and outlook.

CoinDesk placeholder image

Videos

TRON Founder Justin Sun Was Secret Top Client of Valkyrie

A private financial document reviewed by CoinDesk shows that Justin Sun, TRON founder and one of crypto's richest figures, was responsible for the vast majority of a key Valkyrie division’s assets under management. "The Hash" panel discuss the key takeaways.

Recent Videos

Finance

Tron’s Justin Sun Was Secret Top Client of Crypto Asset Manager Valkyrie

A private financial document reviewed by CoinDesk shows that Sun, one of the richest figures in crypto, was responsible for the vast majority of a key Valkyrie division’s assets under management.

Cartel del fundador de Tron, Justin Sun. (Danny Nelson/CoinDesk)

Videos

Bitcoin Price Tumbles; More Than 50% of Bitcoin Addresses Are Now in Loss

Valkyrie CIO Steven McClurg discusses his outlook for bitcoin (BTC) as it sinks below $16,000 and on-chain data shows most addresses holding BTC are losing money. Plus, reactions to Coinbase, MicroStrategy and other bonds tanking in the continued fallout of crypto exchange FTX.

Recent Videos

Finance

Digital Asset Manager Valkyrie Lays Off 30% of Staff: Bloomberg

The provider of crypto exchange-traded funds has trimmed its 23-person workforce

Valkyrie CEO Leah Wald (CoinDesk TV)

Pageof 5