CoinShares’ Valkyrie Funds Will Not Apply For A Spot Ethereum ETF

Bitcoin ETF issuer, Valkyrie Funds will no longer observe for a keep Ethereum ETF in the US because of regulatory disorders surrounding staking. The company will no longer join the bandwagon in making filings to the US Securities and Change Commission (SEC) in direction of an Ethereum ETF, Fox Industrial reporter Eleanor Terrett disclosed, citing sources familiar with the topic.