Ranking
Categories
Historical Snapshots
Token unlocks
Yield
Trending
Upcoming
Recently Added
Gainers & Losers
Most Visited
Community Sentiment
Chain Ranking
Market Overview
CoinMarketCap 100 Index
Fear and Greed Index
Altcoin Season Index
Bitcoin Dominance
Crypto ETFs
Overall NFT Stats
Upcoming Sales
New Pairs
Trending Pairs
Meme Explorer
Gainers & Losers
Community Votes
Top Traders
Spot
Derivatives
Spot
Derivatives
Feeds
Topics
Lives
Articles
Converter
Newsletter
CMC Labs
Telegram Bot
Advertise
Crypto API
Site Widgets
Airdrops
Diamond Rewards
Learn & Earn
ICO Calendar
Events Calendar
Academy
Research
Videos
Glossary
The post CoinShares Acquires Valkyrie Bitcoin ETF To Enhance Its Presence In US appeared first on Coinpedia Fintech News
To increase its presence in the US, CoinShares International Limited has announced the acquisition of Valkyrie Funds LLC, with the Sponsor rights to the Valkyrie Bitcoin Fund, which is a significant milestone in the firm’s expansion strategy. The acquisition takes CoinShares’ Assets Under Management to approximately $7.3 billion. Coinshares aim to be a dominant player in the US digital asset landscape by leveraging Valkyrie’s established platform and expertise. Jean-Marie Mognetti, the CEO of CoinShares, expressed enthusiasm on the acquisition and its impact on CoinShares’ growth.