CoinShares Secures Option to Acquire Valkyrie's ETF Unit

CoinShares Gains Option for Valkyrie ETF Acquisition in US

CoinShares secures exclusive option to acquire Valkyrie Investments' ETF unit, including the pending Valkyrie Bitcoin Fund in the US. The step aims to expand CoinShares' presence in the growing US ETF market.

The option, active until March 31, 2024, permits CoinShares to capitalise on opportunities in the fragmented global ETF market.