Valkyrie backtracks on Ether futures contract purchases until ETF launch

Valkyrie backtracks on Ether futures contract purchases until ETF launch

In a Sept. 29 filing with the SEC, Valkyrie said it would not make certain purchases “until the effectiveness of an amendment” reflecting ETH futures contracts as the ETF’s principal investment strategy. The firm told Cointelegraph on Sept. 28 that it planned to allow investors exposure to Ether and Bitcoin (BTC) under a combined Bitcoin and Ether Strategy ETF, with purchases planned ahead of a launch the first week of October.

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