Valkyrie, one of Grayscale’s rivals, previously launched a bitcoin trust and a bitcoin-related exchange-traded-fund (ETF) in 2021. As part of their plan to sponsor GBTC, the world’s largest bitcoin fund, the Tennessee-based company also announced the launch of a new fund, the Valkyrie Opportunistic Fund, LP that seeks to take advantage of GBTC’s discount to the value of its underlying bitcoin, the company said.
Fartcoin Merchants Should Watch This Key Stage if Solana Hits $200
Fartcoin worth surged 18% on to hit $1.25 on Thursday, consolidating its place because the third-largest memecoin on the Solana...