Valkyrie Funds Launches Valkyrie Balance Sheet Opportunities (VBB) ETF Focused on Bitcoin Exposed Companies

VBB will trade on the Nasdaq

NASHVILLE, Tennessee., December 15, 2021 / PRNewswire / – Valkyrie Funds, LLC (“Valkyrie”), an emerging investment manager focused on the digital asset class, is delighted to announce the launch of the Valkyrie Balance Sheet Opportunities ETF (Nasdaq: VBB), a exchange-traded fund (ETF) which aims to invest in innovative public companies exposed to bitcoin.

Over 80 percent of financial advisers are asked about cryptocurrencies, according to a recent survey by the Financial Planning Association, but a lot of struggle to efficiently allocate clients to this asset class. With more than a dozen publicly traded companies in the United States already owning Bitcoin, according to data from Buy Bitcoins around the world, and with more companies, countries and other entities entering the space every day, investing in these companies provides the kind of indirect exposure that many people seek.

“Bitcoin and digital assets are attracting increasing interest from all corners of the world,” said Lea Wald, CEO of Valkyrie. “Companies exposed to bitcoin have read the tea leaves and decided to take action in an attempt to preserve their value, but also as another way to potentially generate more returns for shareholders in the decades to come.”

More than half of U.S. Bitcoin holders have dabbled in cryptocurrency this year, according to a recent study, and 59% of investors are interested in Bitcoin investments – an increase from just 36% just two years ago. VBB offers investors another opportunity to gain exposure to this rapidly growing asset class.

The objective of this actively managed fund is to invest primarily in companies that invest directly or indirectly in, carry out transactions or are exposed to the bitcoin asset class on their balance sheets, or those that operate within the ecosystem. bitcoin. The fund does not invest directly in bitcoin.

This fund is the second in a family of ETFs expected to be offered by Valkyrie Funds and designed to enable investors to participate in the digital asset space.

About Valkyrie Funds LLC

Valkyrie Funds LLC (“Valkyrie Funds”) is an alternative financial services company specializing at the intersection of traditional finance and the emerging digital asset sector whose subsidiaries aim to provide asset management, research and development services. ‘others. Based in Nashville, Valkyrie Funds aims to provide exposure to the digital economy through traditional financial vehicles. Valkyrie Funds are led by seasoned asset managers who have already launched several ETFs, exchange-traded funds and exchange-traded products, including digital asset funds with backgrounds at Guggenheim Partners, UBS, Chicago Board of Trade, Chicago Mercantile Exchange and World Bank.

Investment objective

The Valkyrie Balance Sheet Opportunities ETF (VBB) is an actively managed ETF. The Fund seeks to provide investors with capital appreciation. There can be no assurance that the Fund will achieve its investment objective.


This press release does not constitute a recommendation of any investment strategy or product for any particular investor. Investors should consult a financial adviser / financial consultant before making any investment decision.

Investing involves risks. Loss of capital is possible. The investment objectives, risks, costs and expenses of the Fund should be taken into account before investing. The fund may not be suitable for all investors. The prospectus contains this and other important information, and can be obtained at Read it carefully before investing

Shares in ETFs are bought and sold at market price (not at NAV) and are not individually redeemed by the Fund. All applicable brokerage fees and commissions will reduce returns.

The Fund invests in companies listed on the stock exchange. The Fund does not directly invest or hold bitcoin. The price of these companies is expected to differ from the current price of bitcoin. Therefore, the performance of the Fund is to be expected to differ from the performance of the bitcoin spot price.

The Fund is distributed by ALPS Distributors, Inc.

This is a new ETF with limited operating history.

Bitcoin is a relatively new asset class that is subject to unique and substantial risks and historically has been subject to significant price volatility. The value of an investment in the Fund could drop significantly and without warning, including down to zero. You must be prepared to lose your entire investment.

The Shares will change in value and you could lose money investing in the Fund. The Fund may not achieve its investment objective.

Market risk

The price of bitcoin has always been very volatile. The value of the Fund’s investments in companies that invest in bitcoin futures and that are involved in the ecosystem of crypto assets – and therefore the value of an investment in the Fund – could drop significantly and without warning. , including zero. If you are not prepared to accept large and unexpected changes in the value of the Fund and the possibility that you lose your entire investment in the Fund, you should not invest in the Fund.

Media contact
Ryan gorman
Head of Communications, Valkyrie Investments
[email protected]


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SOURCE Valkyrie Investments

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