Valkyrie Bitcoin Fund

The ticker is a wink at the money-printer meme, but the fund is a straightforward spot bitcoin vehicle. It launched in January 2024 as the Valkyrie Bitcoin Fund, part of the first wave of US spot bitcoin ETFs, and holds actual bitcoin with Coinbase as custodian while its shares track the coin's price minus a fee. Later that year CoinShares, one of Europe's oldest and largest digital-asset managers, acquired Valkyrie's fund business and became the sponsor, renaming it the CoinShares Valkyrie Bitcoin Fund. The change handed a well-capitalized crypto specialist control of a US-listed product it had long wanted. Buyers treat it like the other spot funds: a way to hold bitcoin inside a brokerage or retirement account, priced against the coin, without running a wallet or trusting an offshore exchange.

On MyRWA, BRRR trades tokenized across 1 on-chain venue - see the listings below.