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.
Bitcoin Supercycle? Jeff Park Says Gold’s $1T Positive aspects Might Spark It
In a wide-ranging interview with Anthony Pompliano revealed on October 2, Jeff Park, accomplice and Chief Investing Officer at ProCap...
