Nasdaq Will List Valkyrie’s Bitcoin Mining ETF On Feb. 8 Today

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A new bitcoin-linked ETF is just around the corner as the Valkyrie Bitcoin Miners ETF received approval for listing on the Nasdaq exchange, according to a Monday filing with the Securities and Exchange Commission.

Valkyrie CEO Leah Wald said “an increased focus and desire to gain exposure to bitcoin miners from investors” prompted the company to apply on January 26 to the SEC to offer the exchange-traded fund, which will invest 80% or more of its net assets in firms deriving at least half of their profit from bitcoin mining and related activities. The remainder of the ETF’s assets will be invested in companies holding a “significant portion” of their net assets in bitcoin, per the January 26 filing.

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