SEC Extends Decision Deadline for Valkyrie Bitcoin ETF to 2022

[Tamsialu$$]

The Securities and Exchange Commission has again pushed back its decision on the Valkyrie Bitcoin Fund to January 2022. This is not the first time the Valkyrie Bitcoin Fund has faced a delay in the SEC’s approval period, which was most recently delayed in June of this year.

Financial services firm Valkyrie Funds LLC is at the crux of the United States’ recent pivot to Bitcoin exchange-traded funds (ETFs), having gained approval for its Bitcoin futures ETF—the Valkyrie Bitcoin Strategy ETF—after the ProShares and VanEck futures ETFs first gained approval with the SEC.more