Valkyrie submits application documents for Ethereum strategy ETF

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On May 14, Valkyrie Investments, an encrypted asset management company, submitted the application documents for Valkyrie Ethereum Strategy ETF to the US SEC.
The Fund hopes to gain exposure to Ethereum futures contracts by investing some of its assets in Valkyrie Ethereum Strategy (Cayman) Ltd., its wholly-owned subsidiary incorporated under the laws of the Cayman Islands. Valkyrie acts as investment advisor to the subsidiary.

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