Valkyrie Files for Spot Bitcoin ETF, Includes Coinbase SSA: A Major Step Forward

In a trailblazing move sure to excite the Bitcoin market, investment management firm Valkyrie has filed for a Spot Bitcoin Exchange-Traded Fund (ETF). Crypto asset management firm Valkyrie has applied for a spot bitcoin ETF and has enlisted Coinbase as its Surveillance Sharing Agreement (SSA) partner. This move marks a significant development in the ongoing quest for a spot Bitcoin ETF approval in the US.

Valkyrie Digital Assets refiled its application for a spot bitcoin exchange traded fund (ETF) with the U.S. Securities and Exchange Commission, joining asset managers vying for the coveted approval. The application, according to a July 3 filing with the U.S. Securities and Exchange Commission, includes a proposed rule change allowing the listing of a spot Bitcoin ETF on the Nasdaq stock exchange.

Coinbase SSA: A Key Component

Crypto asset manager Valkyrie has filed for a spot Bitcoin ETF while listing Coinbase as an SSA counterpart. Moreover, following similar filings, the firm has included the SSA to address regulatory concerns regarding market manipulation. By partnering with Coinbase, a leading cryptocurrency exchange, Valkyrie aims to enhance market surveillance and transparency, crucial factors for SEC approval.

Crypto-focused hedge fund manager Valkyrie has taken a step forward by re-submitting its application for a spot Bitcoin ETF to the US Securities and Exchange Commission. La solicitud más reciente de la gestora de inversiones en criptomonedas; Valkyrie, para un fondo cotizado en bolsa (ETF) de Bitcoin al contado en Estados Unidos, underscores the growing institutional interest in providing investors with regulated and accessible exposure to Bitcoin.

Stay tuned for further updates on Valkyrie's Spot Bitcoin ETF application and the broader landscape of Bitcoin ETF approvals.