Valkyrie Funds has announced that they will be liquidating one of their Bitcoin ETFs. The Valkyrie Balance Sheet Opportunities ETF (VBB) will be delisting from the Nasdaq on October 31. The closure of the fund isn’t stopping their efforts though as Valkyrie will continue to manage the Valkyrie Bitcoin Strategy ETF (BTF) and the Valkyrie Bitcoin Miners ETF (WGMI).
ETF Newz Says:
The closure of the fund comes as Valkyrie tries to best meet their clients demands.