CoinShares Acquires Valkyrie and Its Bitcoin ETF, Gaining $530M in Assets
• CoinShares acquires Valkyrie Funds and its Bitcoin ETF • Acquisition includes sponsor rights to Valkyrie's Bitcoin ETF (BRRR) • CoinShares gains $530 million in assets under management from 4 funds • BRRR is one of the smaller Bitcoin ETFs with $297 million in assets • Acquisition allows CoinShares to expand in the U.S. digital asset market