2023-06-22

šŸ¤Æ SEC Stunned: Valkyrie Dares with ETF

Good day fine folks,

Donā€™t you just love it when the sun is out, the sky is blue, and the markets are green?

Letā€™s hop, skip, and jump into todayā€™s stories.

  • šŸŽ² Valkyrie's Bold Bet

  • šŸ¶ Fetching Cyber Expertise

  • ā° Clock Ticking for Crypto

šŸŽ² Valkyrie Dives into Spot Bitcoin ETF Scene, Bets on SEC's Green Signal

Digital asset fund manager Valkyrie is striding down a well-worn path, submitting an application for a spot Bitcoin Exchange-Traded Fund (ETF) to the U.S. Securities and Exchange Commission (SEC).

Valkyrie has joined a line-up of firms hoping to strike gold with the first approved spot Bitcoin ETF in America. 

A Goldrush 2.0 is brewing! šŸŗ

The company isn't a stranger to the Bitcoin ETF realm, having launched the Valkyrie Bitcoin Strategy ETF in 2021 and the Valkyrie Bitcoin Miners ETF earlier this year. 

The latest application suggests that the fund would mirror Bitcoin's performance minus liabilities and expenses. 

However, the SEC has previously swatted away multiple applications for a spot Bitcoin ETF, citing inadequate safeguards against fraud and market manipulation. 

Organizations like Valkyrie and Blackrock donā€™t usually do things like this when thereā€™s no chance of it happening. šŸ¤”

Will Valkyrie's attempt hit the bull's eye or miss the mark? Only time, and the SEC, will tell.

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šŸ‘ƒ German Intelligence Unleashes Dog NFTs to Sniff Out Cyber Talent

Germany's Federal Intelligence Service, known as the Bundesnachrichtendienst (BND), is sniffing out cyber talent in an unusual way: launching a collection of dog-themed NFTs.

The "Dogs of BND" collection features 999 dog NFTs inspired by the agency's guard, security dogs, and various intelligence roles. 

The BND has cleverly hidden the NFTs, creating an on-chain treasure hunt. šŸ“ā€ā˜ ļø

Thatā€™s clever; letā€™s give them a round of a-paws!

Only those who can crack the code posted on the agency's Instagram account and locate the Ethereum address can mint an NFT. 

With 12 NFTs still unreleased, the BND plans to concoct even more formidable challenges in the future. 

Despite low liquidity, the collection's floor price has soared, proving that this dog-themed hunt is more than just a game of fetch. šŸ¦“

Will this unusual approach bring in the talent the agency is hounding for? 

Anything is paw-sible.

ā° Ex-Goldman Exec Beckons Investors: 'Time to Buy Crypto Is Now

Former Goldman Sachs executive and current Real Vision CEO, Raoul Pal, has a clear message for investors: stop wasting time and start buying digital assets. 

In a new Real Vision Finance video, Pal explains the current macroeconomic conditions make it an ideal time to invest in Bitcoin (BTC) and other cryptocurrencies. 

According to Pal, the impending Exponential Age, a period of soaring innovation, will propel both tech and crypto assets skyward. 

Strap in, folks; it could be a wild ride! šŸš€

Additionally, he predicts the Federal Reserve's likely move to inject more liquidity into markets to revive the economy will also act as a tailwind for crypto prices. 

When asked about the perfect time to dive into the crypto pool, Pal had a straightforward answer: "Right now." šŸ„³

It seems like for investors, the clock is ticking louder than ever.

(Not financial adviceā€¦always do your own research)

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