Ethereum

Rose

Bitcoin

Crypto news: In a significant move that has sent positive ripples through the cryptocurrency market, investment manager <a href="https://valkyrie-funds.com/" target="_blank" rel="noreferrer noopener">Valkyrie Funds LLC</a> is now adding Ethereum futures to its existing Bitcoin futures exchange-traded fund. This comes in the wake of a nod of approval from the U.S. Securities and Exchange Commission (SEC). The implications of this are wide-ranging and have led to a notable boost in cryptocurrency prices. 
<h2 id="h-valkyrie-crypto-sec-approval-to-valkyrie-crypto-funds">Valkyrie Crypto: SEC Approval to Valkyrie Crypto Funds</h2> 
Valkyrie’s recent foray into Ethereum futures was cemented after the SEC gave its stamp of approval. This green light led to the renaming of the fund to Valkyrie <a href="https://cryptoticker.io/en/bitcoin-news-ticker-cryptoticker/" target="_blank" rel="noreferrer noopener">Bitcoin</a> and Ether Strategy ETF (BTF.O), which is slated to launch this Monday, as revealed by Valkyrie’s Chief Investment Officer, Steven McClurg, in a conversation with <a href="https://www.reuters.com/business/finance/valkyrie-funds-add-ether-futures-exchange-traded-fund-after-sec-approval-2023-09-28/" target="_blank" rel="noreferrer noopener">Reuters</a>. 
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 <a href="https://valkyrie-funds.com/" target="_blank" rel="https://valkyrie-funds.com/ noopener"><img loading="lazy" width="1597" height="393" src="https://cryptocdn.fra1.cdn.digitaloceanspaces.com/sites/8/Screenshot-2023-09-29-133220.png" alt="" class="wp-image-119923"></a>
</figure> 
This launch marks a pioneering step in the crypto domain, as it is the first instance where futures rooted in Ethereum or “ether” contracts will be accessible to investors through an exchange-traded fund. This monumental move is undoubtedly a feather in the cap for the crypto sphere, indicating growing institutional acceptance and opening doors for more mainstream investors. 
<h2 id="h-crypto-news-crypto-prices-up">Crypto News: Crypto Prices UP?</h2> 
Following the revelation of Valkyrie’s strategic addition and the SEC’s approval, the crypto market witnessed an encouraging uptick. The past 24 hours post the announcement saw a surge in the prices of cryptocurrencies, with an average increase of over 2%. A breakdown of the performance of the top ten cryptocurrencies is as follows: 
<ul>
 <li>Bitcoin: Recorded an increase of 1.97%</li>
 <li>Ethereum: Experienced a significant uptick, with a 2.89% rise</li>
 <li>BNB: Grew by 1.22%</li>
 <li>XRP: Rose by 1.93%</li>
 <li>Cardano: Marked an increase of 1.98%</li>
 <li>Dogecoin: Went up by 1.20%</li>
 <li>Solana: Saw a notable growth, jumping by 4.76%</li>
 <li>Tron: Increased by a commendable 4.49%</li>
 <li>Toncoin: Rose by 1.56%</li>
 <li>Polkadot: Experienced a bump of 1.15%</li>
</ul> 
<figure class="wp-block-image size-large">
 <a href="https://coinmarketcap.com/charts/" target="_blank" rel="https://coinmarketcap.com/charts/ noopener"><img loading="lazy" width="800" height="550" src="https://cryptocdn.fra1.cdn.digitaloceanspaces.com/sites/8/chart-28.png" alt="" class="wp-image-119922"></a>
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Crypto News: Crypto Prices are UP after SEC Approval of Valkyrie Funds?

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