Coinshares Valkyrie Bitcoin Fund ETF

Overview: The CoinShares Bitcoin ETF (BRRR) is a passively managed ETF listed on Nasdaq, launched on January 10, 2024, providing direct exposure to bitcoin’s spot price.

Investment Objective: Tracks the performance of bitcoin’s value using the CME CF Bitcoin Reference Rate – New York Variant, minus the Trust’s expenses and liabilities.

Expense Ratio: Features a 0.25% management fee, positioning it as a cost-competitive option among spot bitcoin ETFs.

Holdings and Custody: Holds physical bitcoin, with custody split between Coinbase and BitGo to enhance security and mitigate risks.

Risk Profile: Highly volatile due to bitcoin’s price swings; not suitable for all investors, with potential for significant or total loss, and not registered under the Investment Company Act of 1940.

Performance: As of July 2025, trades at approximately $33.67, with a market cap of $708.54 million and a 52-week range of $14.02 to $34.53.

Background: CoinShares is Europe's largest and longest-standing digital asset investment firm, founded in 2013 and headquartered in Jersey.

AUM: Manages over $6 billion in digital assets across ETPs, hedge funds, and index solutions.

Bitcoin ETFs: Acquired Valkyrie Investments in 2024 to enter the U.S. spot Bitcoin ETF market with the CoinShares Valkyrie Bitcoin Fund (BRRR).

Expertise: Deep crypto-native expertise with proprietary trading infrastructure and institutional-grade custody partnerships.

Custody: Uses Coinbase Custody for Bitcoin safekeeping.