Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the joli-table-of-contents domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6114 Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6114 Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math-pro domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/news/wp-includes/functions.php on line 6114 Warning: Cannot modify header information - headers already sent by (output started at /var/www/html/news/wp-includes/functions.php:6114) in /var/www/html/news/wp-includes/rest-api/class-wp-rest-server.php on line 1893 {"id":5813,"date":"2023-09-29T10:57:02","date_gmt":"2023-09-29T10:57:02","guid":{"rendered":"https:\/\/lunu.io\/news\/?p=5813"},"modified":"2023-09-29T10:57:04","modified_gmt":"2023-09-29T10:57:04","slug":"valkyries-game-changing-move-investing-in-both-bitcoin-ethereum","status":"publish","type":"post","link":"https:\/\/lunu.io\/news\/valkyries-game-changing-move-investing-in-both-bitcoin-ethereum\/","title":{"rendered":"Valkyrie’s Game-Changing Move: Investing in Both Bitcoin & Ethereum!"},"content":{"rendered":"\n

A Historic Move in the Crypto World<\/h2>\n\n\n\n

Valkyrie Investments, a firm previously recognized for its Bitcoin Mining ETFs, has taken a groundbreaking step by announcing its intention to invest in Ether Future ETFs. This strategic move will position Valkyrie as the first entity to provide exposure to both Ether and Bitcoin futures contracts. The company has outlined its plan to commence the purchase of Ethereum Futures on October 3, thereby broadening its investment spectrum.<\/p>\n\n\n\n

Delving Deeper: The Implications and Strategy<\/h2>\n\n\n\n

The decision to venture into Ethereum futures contracts was realized after the U.S. Securities and Exchange Commission (SEC) granted Valkyrie the green light to transform its existing bitcoin futures exchange-traded fund (ETF) into a dual-investment platform. Consequently, the “Valkyrie Bitcoin Strategy ETF” has evolved to become the inaugural U.S. ETF to offer exposure to both Ether and Bitcoin futures contracts under one umbrella. Steven McClurg, the Chief Investment Officer of Valkyrie, expressed his enthusiasm, noting the surging interest in Ethereum over the past year. Valkyrie’s revamped strategy will merge its current Bitcoin futures ETF into a holistic fund that encompasses both Bitcoin and Ethereum futures. This fund will undergo a rebranding process and will soon be known as the “Valkyrie Bitcoin and Ether Strategy ETF”, while still retaining its Nasdaq ticker symbol, BTF. The official name change is slated for the upcoming Tuesday.<\/p>\n\n\n\n

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\ud83d\udea8SCOOP: Tomorrow @ValkyrieFunds<\/a> will begin offering exposure to #ETH<\/a> futures through its newly combined Bitcoin and Ether Strategy ETF, making it the first U.S. firm to allow investors to bet on the future price of the second largest digital asset.

We\u2019ll have Valkyrie CIO\u2026<\/p>— Eleanor Terrett (@EleanorTerrett)
September 28, 2023<\/a><\/blockquote>