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Valkyrie Funds Looks to Launch Ethereum Strategy ETF


Asset management firm Valkyrie Funds has filed for an Ethereum Strategy exchange-traded fund (ETF) that will invest in Ether futures. According to a Wednesday filing with the Securities and Exchange Commission, the new fund, called the Valkyrie Ethereum Strategy ETF, aims to capitalize on...

CVP NoLimit Fund I bags $50 million in funds


CVP NoLimit Fund I has reportedly bagged a fund worth $50 million from its investors. This is the fund round, with more to follow in the days to come. CVP NoLimit Fund is a joint venture between ClearVue Partners and NoLimit Holdings. Funds raised from the first round will be directed...

Crypto Hedge Funds Grapple with Shutdowns and Lackluster Returns in 2023


Crypto hedge funds have on average underperformed Bitcoin (BTC) by a significant margin in the first half of 2023, while about 13% of funds have shut down so far this year. On average, crypto hedge funds generated a 15.2% return in the first six months of this year, well below the 83.3% that...

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