The ETF issuer has filed to launch two new Valkyrie funds: the Valkyrie Bitcoin Miners ETF and the Valkyrie US Innovative Balance Sheet ETF, according to SEC disclosures filed on Wednesday night.
Both have a management fee of 75 basis points, the documents note, though neither has a ticker listed.
The largest crypto-related ETF in the US is Amplify Investments’ Transformational Data Sharing ETF , which has nearly $1.3 billion assets under management.
Valkyrie last month launched its Bitcoin Strategy ETF , which invests primarily in bitcoin futures contracts.
Wald added that the firm has a number of other potential fund ideas in the works and will continue to look for innovative ways to bring crypto exposure to the markets.
Bloomberg Intelligence ETF Analyst said during a recent Blockworks podcast that he would estimate December 2022 as his “over-under” for a spot bitcoin approval.