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Valkyrie Funds to liquidate Bitcoin-related ETF by late October

Valkyrie Funds to liquidate Bitcoin-related ETF by late October thumbnail

Despite delisting VBB, Valkyrie still continues to manage the Bitcoin Strategy ETF and its Bitcoin futures ETF and the Valkyrie Bitcoin Miners ETF.

Valkyrie Funds, a major cryptocurrency fund manager in the United States, will soon be liquidating one of its Bitcoin (BTC)-related exchange-traded funds (ETFs).

The firm announced on Oct. 11 plans to close the Valkyrie Balance Sheet Opportunities ETF, a crypto investment product offering indirect exposure to BTC.

The fund will be delisted from the Nasdaq Exchange as Valkyrie plans to liquidate the ETF on Oct. 31, 2022.

According to the announcement, Shareholders will be able to sell shares up until the end of the trading day on Oct. 28, 2022. Any investors

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