Valkyrie Investments, known for its Bitcoin Mining ETFs, will begin investing in Ether Future ETFs, making it the first to offer exposure to Ether and Bitcoin futures contracts within a single entity.
The asset management firm plans to purchase Ethereum Futures on Oct. 3, expanding its offerings range.
Valkyrie Expands Offerings with Ethereum Futures
Valkyrie is set to begin investing in Ethereum futures contracts. This move comes after the SEC approved the firm to modify its existing bitcoin futures exchange-traded fund (ETF) into a dual-investment. Following this, the Valkyrie Bitcoin Strategy ETF has become the first U.S. ETF to offer exposure to both Ether and Bitcoin futures contracts within a single entity.