Valkyrie Digital Assets has re-filed its application with the U.S. Securities and Exchange Commission for a bitcoin spot exchange traded fund. They join other asset managers such as BlackRock and Fidelity who have also re-applied.

The Tennessee-based Asset Manager filed a 19b-4 paper stating that crypto exchange Coinbase will act as the partners for a surveillance-sharing arrangement, which should help prevent market manipulating and has been an important part of all ETF requests in the last month.

In the filing on Wednesday, Nasdaq, Valkyrie’s exchange that would list the ETF “executed an agreement” with Coinbase. Valkyrie described Coinbase as the “largest United States based spot trading platform for Bitcoin.”

BlackRock Fidelity have filed new paperwork this week.

The asset manager filed its first application on January 20, 2021. The SEC received a new filing on June 21. It named Nasdaq its preferred exchange and changed its ticker to $BRRR. Valkyrie has an ETF for bitcoin futures listed on the exchange. This was approved by May 2022.

Sheldon Reback is the editor.