Bitcoin
Bitcoin (BTC)
$100,651.00 4.02903
Bitcoin price
Ethereum
Ethereum (ETH)
$3,875.42 0.76169
Ethereum price
BNB
BNB (BNB)
$728.02 -1.84989
BNB price
Solana
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$236.10 1.60455
Solana price
XRP
XRP (XRP)
$2.38 -2.82511
XRP price
Shiba Inu
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$0.000031 3.00977
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000215 0.5175
Pepe price
Bonk
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$0.0000426 1.17786
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dogwifhat
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$3.29 1.07053
dogwifhat price
Popcat
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$1.34 -4.12995
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Bitcoin
Bitcoin (BTC)
$100,651.00 4.02903
Bitcoin price
Ethereum
Ethereum (ETH)
$3,875.42 0.76169
Ethereum price
BNB
BNB (BNB)
$728.02 -1.84989
BNB price
Solana
Solana (SOL)
$236.10 1.60455
Solana price
XRP
XRP (XRP)
$2.38 -2.82511
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000031 3.00977
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000215 0.5175
Pepe price
Bonk
Bonk (BONK)
$0.0000426 1.17786
Bonk price
dogwifhat
dogwifhat (WIF)
$3.29 1.07053
dogwifhat price
Popcat
Popcat (POPCAT)
$1.34 -4.12995
Popcat price
Bitcoin
Bitcoin (BTC)
$100,651.00 4.02903
Bitcoin price
Ethereum
Ethereum (ETH)
$3,875.42 0.76169
Ethereum price
BNB
BNB (BNB)
$728.02 -1.84989
BNB price
Solana
Solana (SOL)
$236.10 1.60455
Solana price
XRP
XRP (XRP)
$2.38 -2.82511
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000031 3.00977
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000215 0.5175
Pepe price
Bonk
Bonk (BONK)
$0.0000426 1.17786
Bonk price
dogwifhat
dogwifhat (WIF)
$3.29 1.07053
dogwifhat price
Popcat
Popcat (POPCAT)
$1.34 -4.12995
Popcat price
Bitcoin
Bitcoin (BTC)
$100,651.00 4.02903
Bitcoin price
Ethereum
Ethereum (ETH)
$3,875.42 0.76169
Ethereum price
BNB
BNB (BNB)
$728.02 -1.84989
BNB price
Solana
Solana (SOL)
$236.10 1.60455
Solana price
XRP
XRP (XRP)
$2.38 -2.82511
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000031 3.00977
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000215 0.5175
Pepe price
Bonk
Bonk (BONK)
$0.0000426 1.17786
Bonk price
dogwifhat
dogwifhat (WIF)
$3.29 1.07053
dogwifhat price
Popcat
Popcat (POPCAT)
$1.34 -4.12995
Popcat 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.