Bitcoin ETF

Bitcoin

Security

<ul class="news-points"> 
 <li><strong>Valkyrie pioneers with BitGo and Coinbase for unmatched Bitcoin ETF security, marking a first in dual-custody asset safeguarding.</strong></li> 
 <li><strong>Dual-custody strategy by Valkyrie underscores the growing emphasis on robust security measures in the digital asset management sphere.</strong></li> 
 <li><strong>The innovative approach by Valkyrie, using both BitGo and Coinbase, paves the way for enhanced safety standards in cryptocurrency investments.</strong></li> 
</ul> 
<p>Digital asset management pioneer Valkyrie has made headlines by becoming the first entity to deploy a dual-custody approach for its spot Bitcoin Exchange-Traded Fund (ETF). This move involves leading custodians BitGo and Coinbase, enhancing the fund’s security and reliability.&nbsp;</p> 
<p>Dated February 1, 2024, a recent<a href="https://www.sec.gov/Archives/edgar/data/1841175/000199937124001339/brrr-8k_020124.htm" target="_blank" rel="nofollow"> Securities and Exchange Commission (SEC)</a> filing sheds light on Valkyrie’s commitment to bolster the safeguarding mechanisms for its investors’ assets.</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">JUST IN: <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> Valkyrie becomes first spot <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> ETF to diversify the custody of their coins. <br><br>Their <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#BTC</a> will now be held with BitGo and Coinbase. <a href="https://t.co/eKOPxCJgwb" target="_blank" rel="nofollow">pic.twitter.com/eKOPxCJgwb</a></p>— Bitcoin Magazine (@BitcoinMagazine) <a href="https://twitter.com/BitcoinMagazine/status/1753149666370175050?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 1, 2024</a>
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<p>The collaboration marks a significant step towards optimizing asset saf…</p>
<p>The post <a href="https://coinedition.com/valkyrie-enhances-security-with-dual-custody-strategy-for-bitcoin-etf/">Valkyrie Enhances Security with Dual Custody Strategy for Bitcoin ETF</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Valkyrie Enhances Security with Dual Custody Strategy for Bitcoin ETF

Coin Edition

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