Valkyrie joins rush with BTC spot ETF application to go with its futures, miners ETFs By Cointelegraph

Cryptocurrency fund manager Valkyrie is applying for a spot exchange-traded fund (ETF), joining several other financial firms that have filed similar applications with the United States Securities and Exchange Commission (SEC) in the last week. Valkyrie filed an S-1 registration form for a Bitcoin spot ETF with the SEC on June 21. In it, the firm indicated that it would seek to list its fund on the Nasdaq under the symbol BRRR.

Valkyrie is an old hand at Bitcoin (BTC) futures ETFs. It launched the second BTC futures ETF in the U.S., the Valkyrie Bitcoin Strategy ETF (BTF), in October 2021 and launched the Valkyrie Balance Sheet Opportunities (VBB) in December of that year. It liquidated VBB in October 2022. Valkyrie also runs the Valkyrie Bitcoin Miners ETF (WGMI), which tracks securities of companies that derive their revenue or profits from BTC mining.