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Valkyrie Funds halts ethereum purchases for exchange-traded fund

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Valkyrie Funds halts ethereum purchases for exchange-traded fund

Financial services firm Valkyrie Funds LLC said on Friday it will halt buying of ethereum for the Valkyrie Bitcoin and Ether Strategy ETF and unwind any positions already acquired, a stumbling block in its bid to be the first to bring an exchange traded fund (ETF) tied to the cryptocurrency ethereum to the market.

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Valkyrie Funds halts ethereum purchases for exchange-traded fund

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Valkyrie Funds halts ethereum purchases for exchange-traded fund

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