Valkyrie's Strategic Leap: BitGo Custodianship for Bitcoin ETF
Valkyrie partners with BitGo as custodian for its Bitcoin ETF, heralding industry-wide custodial diversification and intensifying the competitive landscape of spot Bitcoin ETFs.
MiyukiValkyrie partners with BitGo as custodian for its Bitcoin ETF, heralding industry-wide custodial diversification and intensifying the competitive landscape of spot Bitcoin ETFs.
MiyukiBlackRock and Ark Investment Management have reduced fees for their Bitcoin ETFs ahead of the expected SEC approval, reflecting an industry-wide fee war. BlackRock's aggressive pricing strategy, including a 0.12% fee for the first $5 billion in assets, highlights the competition's intensity. While significant for mainstream crypto integration, potential challenges for smaller players and lingering regulatory issues persist in the evolving market landscape.
Cheng YuanIn the intensifying spot bitcoin ETF race, Bitwise leads with a groundbreaking 0.20% fee. Competitors follow suit with fee reductions. Market players anticipate billions flowing in, with Bitwise projecting a $72 billion market in five years.
SanyaAs Valkyrie anticipates SEC approval for Bitcoin ETFs, the market eagerly awaits a potential influx of funds. Despite challenges and fee wars, Valkyrie remains committed to the long-term success of its ETF, reflecting the enduring allure of Bitcoin.
BerniceThe fee war in the spot Bitcoin ETF arena is reshaping the competitive landscape, with companies vying for a strategic edge through bold fee adjustments. As the industry awaits the SEC decision, the outcome of this battle will undoubtedly have a lasting impact on the ETF market.
BerniceBitcoin ETF applicants fiercely compete by slashing fees in anticipation of approval. Market leaders Ark/21Shares and BlackRock offer zero fees initially, while others vary. The SEC's decision will shape the imminent market battle for dominance.
BerniceCrypto asset manager Valkyrie Investments says it is interested in sponsoring and managing Grayscale's publicly traded Bitcoin (BTC) fund.
dailyhodlA private financial document reviewed by CoinDesk shows that Sun, one of the richest figures in crypto, was responsible for the vast majority of a key Valkyrie division’s assets under management.
CoindeskLast month, the watchdog gave the thumbs-up to Teucrium’s Bitcoin futures ETF, which is the first such vehicle to be approved under the ’33 Act.
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