Valkyrie Follows In BlackRock’s Footsteps, Refiles For Spot Bitcoin ETF

The dream of a spot Bitcoin exchange-traded fund (ETF) in the US is still yet to become a reality as various investment firms continue to seek approval from the Securities and Exchange Commission (SEC) despite multiple rejections. In a recent turn of events, Valkyrie, an alternative asset management company specializing in the emerging cryptocurrency sector, refiled its application for a Spot bitcoin exchange-traded fund.