The US Securities and Exchange Commission has received another application for the registration of an exchange traded fund (ETF) based on bitcoin. It was filed by Valkyrie Digital Assets, follows from the information on the agency’s website.
Valkyrie Investments, a Delaware-based division, is set to launch a physical bitcoin fund, according to a January 22 Form S-1 document. Coinbase Custody will be the custodian of the latter.
If approved, Valkyrie plans to list the ETF on the NYSE Arca.
“Our team has previously launched several ETFs, publicly traded funds, and ETPs, including Bitcoin funds,” Valkyrie Digital Assets CEO Lee Wold told CoinDesk.
Note that the investment company VanEck has recently applied to launch an ETF for investment in cryptocurrency companies.
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