Bitcoin
Bitcoin (BTC)
$61,200.00 7.29843
Bitcoin price
Ethereum
Ethereum (ETH)
$3,318.41 2.12786
Ethereum price
BNB
BNB (BNB)
$410.45 3.80904
BNB price
Solana
Solana (SOL)
$112.82 4.37823
Solana price
XRP
XRP (XRP)
$0.5671250 -3.71393
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000113 0.29865
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000030 6.18752
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000057550 1.93017
El Hippo price
Bonk
Bonk (BONK)
$0.0000150 -2.2456
Bonk price
Bitcoin
Bitcoin (BTC)
$61,200.00 7.29843
Bitcoin price
Ethereum
Ethereum (ETH)
$3,318.41 2.12786
Ethereum price
BNB
BNB (BNB)
$410.45 3.80904
BNB price
Solana
Solana (SOL)
$112.82 4.37823
Solana price
XRP
XRP (XRP)
$0.5671250 -3.71393
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000113 0.29865
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000030 6.18752
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000057550 1.93017
El Hippo price
Bonk
Bonk (BONK)
$0.0000150 -2.2456
Bonk price
Bitcoin
Bitcoin (BTC)
$61,200.00 7.29843
Bitcoin price
Ethereum
Ethereum (ETH)
$3,318.41 2.12786
Ethereum price
BNB
BNB (BNB)
$410.45 3.80904
BNB price
Solana
Solana (SOL)
$112.82 4.37823
Solana price
XRP
XRP (XRP)
$0.5671250 -3.71393
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000113 0.29865
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000030 6.18752
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000057550 1.93017
El Hippo price
Bonk
Bonk (BONK)
$0.0000150 -2.2456
Bonk price
Bitcoin
Bitcoin (BTC)
$61,200.00 7.29843
Bitcoin price
Ethereum
Ethereum (ETH)
$3,318.41 2.12786
Ethereum price
BNB
BNB (BNB)
$410.45 3.80904
BNB price
Solana
Solana (SOL)
$112.82 4.37823
Solana price
XRP
XRP (XRP)
$0.5671250 -3.71393
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000113 0.29865
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000030 6.18752
Pepe price
El Hippo
El Hippo (HIPP)
$0.0000000057550 1.93017
El Hippo price
Bonk
Bonk (BONK)
$0.0000150 -2.2456
Bonk price

CoinShares exercises option to acquire Valkyrie Funds

coinshares-exercises-option-to-acquire-valkyrie-funds
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News
CoinShares exercises option to acquire Valkyrie Funds

CoinShares International Limited announced the acquisition of Valkyrie Funds.

A press release dated Jan. 12 stated that CoinShares has acquired Valkyrie Funds, a digital asset management investment company in the United States. The statement said the purchase decision is contingent on the U.S. Securities and Exchange Commission’s (SEC) approval of Valkyrie’s spot Bitcoin (BTC) ETF.

Upon completion of the acquisition, CoinShares‘ existing assets under management (AUM), currently $4.5 billion, is expected to increase by approximately $110 million.

However, the deal is now pending completion of satisfactory due diligence, completion of the necessary legal agreements and final approval of the company’s board of directors. Until then, Valkyrie will maintain operational independence.

“Once finalised, this will lead to the direct integration of Valkyrie’s’ funds and operations into the CoinShares group.”

CoinShares release

In June 2023, a subsidiary of Valkyrie Investments filed an application with the SEC to launch a Bitcoin-based ETF. The Trust issued shares designed to provide a cost-effective and convenient way to invest in Bitcoin.

In July 2023, Valkyrie also filed with the SEC to launch an Ethereum (ETH) ETF that would invest in Ethereum futures on the CME, North America’s largest financial derivatives market, and high-quality instruments, particularly U.S. Treasury bonds.

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