CoinShares, a leading digital asset investment firm, has announced the renaming of Valkyrie Funds to CoinShares Valkyrie, effective October 31, 2024. This move marks a significant milestone in CoinShares’ efforts to unify its branding and expand its influence in the cryptocurrency and digital asset investment space.
The renaming is part of CoinShares’ broader strategy to create a cohesive and unified brand across all its operations. By incorporating Valkyrie under the CoinShares brand umbrella, the company aims to leverage its industry expertise and established reputation to provide a wider array of financial products for both institutional and retail investors.
- Old Name: Valkyrie Bitcoin and Ether Strategy ETF
New Name: CoinShares Valkyrie Bitcoin and Ether Strategy ETF - Old Name: Valkyrie Bitcoin Futures Leveraged Strategy ETF
New Name: CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF - Old Name: Valkyrie Bitcoin Miners ETF
New Name: CoinShares Valkyrie Bitcoin Miners ETF
CoinShares’ CEO, Jean-Marie Mognetti, commented on the decision, stating, “This rebranding reflects our vision of consolidating our market presence while enhancing the breadth of services we offer. As we continue to innovate and grow in the digital asset space, the CoinShares Valkyrie brand will become synonymous with trust, performance, and innovation.”
Mognetti emphasized that the new CoinShares Valkyrie funds will continue to prioritize cutting-edge solutions, helping clients navigate the evolving cryptocurrency landscape. The rebranding will not impact existing investors, and current funds will continue to operate seamlessly under the new name.
The renamed CoinShares Valkyrie will continue to offer its existing products, including a range of ETFs, trusts, and other investment vehicles designed for exposure to cryptocurrencies and blockchain technology. This rebranding allows CoinShares to strengthen its position in the U.S. market while continuing to offer institutional-grade products designed for diverse investor needs.
Investors will benefit from the same high-quality service and product offerings, with the added brand strength and resources of CoinShares now integrated more fully with Valkyrie’s expertise in the U.S. market.
The renaming of Valkyrie Funds to CoinShares Valkyrie signifies a major step forward for CoinShares in its pursuit of becoming a global leader in digital asset investment solutions. The new brand, effective from October 31, 2024, reflects the company’s commitment to innovation and market leadership in the cryptocurrency sector.