The firm hits this milestone after launching several products over the past year including multiple exchange traded funds
Valkyrie Investments, a leading investment manager focused on digital assets, is excited to announce that it has now topped $1 billion in assets under management (AUM).
Valkyrie Investments is the parent company of exchange traded fund (ETF) sponsor Valkyrie Funds, and Valkyrie Digital Assets, which focuses on institutional and accredited investors. This milestone was reached as a result of the firm growing AUM more than 95 percent in the past 12 months even as the broader markets entered into correction.
“The past year has seen soaring demand for exposure to digital assets from a wide variety of investors and market participants,” said CEO Leah Wald. “From individuals seeking ETFs to family offices, pensions, and endowments eagerly allocating to hedge funds and trusts, our industry has a firm footing on which to continue growing through the remainder of this year and beyond.”
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Launched in 2021, Valkyrie Funds is the only asset manager to have three Bitcoin-adjacent ETFs trading onNasdaq:
- Valkyrie Bitcoin Strategy ETF (BTF)
- Valkyrie Balance Sheet Opportunities ETF (VBB)
- Valkyrie Bitcoin Miners ETF (WGMI)
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The Valkyrie Funds family of ETFs offers unique strategies to those seeking to gain indirect exposure to Bitcoin within the ease of an ETF structure. BTF offers exposure to an actively managed basket of CME Bitcoin Futures; VBB offers exposure to publicly traded firms who hold Bitcoin in the corporate treasuries or transact in the largest digital asset; WGMI offers exposure to Bitcoin miners who are using green energy to power the bulk of their operations.
“The response to our ETF offerings has been overwhelming and welcome,” said Valkyrie Chief Investment Officer Steven McClurg. “We are of course working on bringing more products to market, based entirely on feedback and demand from RIAs, family offices and others, and are excited for the year ahead.”
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