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SEC Accepts Valkyrie's Bitcoin ETF Proposal for Review, Second in a Week

The U.S. Securities and Exchange Commission (SEC) has accepted a second application for a Bitcoin ETF to be reviewed within a week. Valkyrie's proposal for a spot Bitcoin ETF, the Valkyrie Bitcoin Fund, was added to the SEC's official docket on Monday. The proposal was resubmitted on June 21, just five days after BlackRock's ETF proposal, and includes Coinbase as a "surveillance-sharing" partner.

The comment period has now been initiated, allowing the public and other institutions to submit their opinions on the ETF's potential impact on the market and investor protection measures. The SEC will evaluate the proposal and may request additional information from the applicants before making a decision.

Bitcoin Bitcoin $90,007.33
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Bitcoin ETF Coinbase
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