CoinShares' Valkyrie Bitcoin Mining ETF faces a 43% drop amid 2023's market turbulence, prompting reevaluation of investment strategies.
CoinShares’ Bitcoin Mining ETF has plummeted 43% in 2023, driving investors to safer options like metal-themed ETFs.
Bitcoin ETFs in the U.S. saw net outflows for the third day straight, notably led by Valkyrie’s BRRR.
Ether ETFs see a $19.02 million inflow as Bitcoin ETFs experience a $71.07 million outflow, led by activity from Fidelity and Valkyrie.
Whoa, that's a ton of cash gone! Crypto ETFs just saw $742 million vanish overnight, with big names like Blackrock, Valkyrie, and Grayscale taking a hit. Bitcoin ETFs lost a hefty $582.90 million, while Ethereum ETFs saw a reduction of $159.34 million. That's a major exodus in the crypto world!
Institutional interest in Bitcoin spot ETFs is increasing, with firms like BlackRock and Valkyrie experiencing significant inflows.
Litecoin experienced a price surge following the news of an ETF filing by Canary Capital from Valkyrie's co-founder, Steven McClurg. This positive development has sparked speculation about Litecoin potentially reaching $1,000.
Cypherpunk Holdings has rebranded to SOL Strategies, focusing on Solana investments with over 86,000 SOL staked. Leah Wald, former Valkyrie CEO, appointed as new CEO in Q2 2024.
CoinShares' Q2 2024 revenue surged 110%, driven by the Valkyrie acquisition and FTX claims.
Abra adquirió los fideicomisos de Tron y Zilliqa de Valkyrie Investments.
Abra finalized its acquisition of private cryptocurrency trusts from Valkyrie crypto trusts in a strategic move.
Spot Bitcoin ETFs experienced a significant decrease in demand with $217 million in outflows, causing Bitcoin price to suffer. Grayscale's GBTC saw the largest withdrawal, with Ark Invest, Valkyrie, Bitwise, and Fidelity's FBTC also facing outflows. BlackRock's iShares Bitcoin Trust had no inflows, and macroeconomic factors like lower-than-expected US GDP growth add to the negative sentiment, with Bitcoin falling below $63,000.
Abra adquirió los fideicomisos de Valkyrie en medio de un acuerdo con 25 reguladores estatales de EE. UU. por violaciones de licencias financieras.
Cypherpunk Holdings names former Valkyrie CEO Leah Wald as the new CEO.
