Valkyrie Launches ETF based on Shares of Companies with BTC Exposition

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Management company Valkyrie Investments has launched an actively managed exchange-traded fund (ETF) based on stocks of companies that directly or indirectly invest, transact or hold Bitcoin as a reserve asset.

The Valkyrie Balance Sheet Opportunities ETF has received the VBB ticker on the Nasdaq.

The firm has listed shares in Coinbase, Block (formerly Square), MicroStrategy, Argo Blockchain, Phunware, Metromile, Silvergate Capital, Marathon Digital Holdings, Riot Blockchain, BTCS, Globant, Robinhood Markets, BlackRock, Mastercard Incorporated,, PayPal Holdings and Tesla.

VBB does not offer direct investment in BTC.

Total Expense Ratio will be 0.75%. The structure’s custodian is the U.S. Bank.

At the end of December 16, the volume of assets under the management of the fund amounted to $635,549.

Valkyrie Investments’ Bitcoin futures ETF started trading on the Nasdaq in October.

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