Valkyrie Balance Sheet Opportunities ETF

VBB is an actively managed ETF that invests in US stocks perceived to have innovative balance sheets, specifically those with direct or indirect exposure to bitcoin.

According to a press release from Tuesday, Valkyrie Funds will liquidate its Bitcoin-focused ETF by the end of October.

Valkyrie to Liquidate its BTC ETF by the End of October

NASHVILLE, Tenn. , Oct. 11, 2022 /PRNewswire/ -- Valkyrie Funds, LLC.

Valkyrie Funds announces ETF liquidation, de-listing

Valkyrie Bitcoin Strategy ETF

Valkyrie Bitcoin Miners ETF

The usage case for bitcoin and other digital currencies is receiving a boost from an unfortunate situation. That being Russia's war against neighboring Ukraine.

Crypto Proving Crucial in Ukraine Fundraising Efforts

eBay

Bitcoin spent ample time in the spotlight last week as Russia escalated its invasion of Ukraine, prompting some investors to mull the cryptocurrency's status as a risk asset or a safe haven play. However, there was some other news relevant to bitcoin and the crypto universe at large that investors might want to consider.

eBay Hints at Crypto Embrace

One of the drivers of bitcoin evolution is corporate-level adoption of the largest cryptocurrency — not just as a form of payment, but as a balance sheet asset. That's right — an increasing number of well-known companies are holding bitcoin on their balance sheets or are considering doing so.

Bitcoin Balance Sheet Opportunities Accessible With VBB

Earlier this week, Valkyrie Investments announced that it had crossed $1 billion in assets under management. “The past year has seen soaring demand for exposure to digital assets from a wide variety of investors and market participants.

Valkyrie Hits $1 Billion in AUM

Coinbase, the largest U.S. crypto exchange, has announced that it will be implementing an almost-total company shutdown for four weeks out of the year in order to allow its employees time to rest and recharge, reports CoinTelegraph. The popular crypto exchange often has what it describes as “long days and long weeks” of work that can [.

A Novel Approach to Employee Retention From Coinbase

According to a regulatory filing published earlier today, Valkyrie is launching a new crypto ETF focused on equities that invest in bitcoin. The actively managed Balance Sheet Opportunities ETF (VBB) will include companies like MicroStrategy, Square, Tesla, and other firms.

News for Valkyrie Balance Sheet Opportunities ETF ETF (VBB)