Valkyrie submits application documents for Ethereum strategy ETFOn May 14, Valkyrie Investments, an encrypted asset management company, submitted the application documents for Valkyrie Ethereum Strategy ETF to the US SEC.
The Fund hopes to gain exposure to Ethereum futures contracts by investing some of its assets in Valkyrie Ethereum Strategy (Cayman) Ltd., its wholly-owned subsidiary incorporated under the laws of the Cayman Islands. Valkyrie acts as investment advisor to the subsidiary.
SEC trade ideas
US Chairman Gary Gensler Wants Congress to Provide More Funds foCoinworld reported that the chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler, asked Congress to provide more funds for the agency so that he and his colleagues can continue their investigations into the encryption field.