what's CoinShares Valkyrie Bitcoin Fund?
The CoinShares Valkyrie Bitcoin Fund is a spot Bitcoin exchange-traded fund (ETF) that provides investors with direct exposure to Bitcoin through a regulated financial product. Launched in 2024 following SEC approval, the fund holds physical Bitcoin as its underlying asset, custodied by Coinbase Custody Trust Company. Shares of the fund trade on the Nasdaq under the ticker BRRR, allowing traditional investors to gain Bitcoin exposure via standard brokerage accounts without needing to manage cryptocurrency wallets or exchanges directly. The ETF operates by creating and redeeming shares in baskets through authorized participants, who deposit or receive Bitcoin in exchange for fund shares. This structure ensures the fund's value closely tracks the spot price of Bitcoin, as measured by the CME CF Bitcoin Reference Rate. Managed by Valkyrie Investments, which was acquired by CoinShares in 2024, the fund emphasizes secure, institutional-grade custody and compliance, bridging traditional finance with the cryptocurrency ecosystem.
CoinShares Valkyrie Bitcoin Fund recorded $5.02M in spot Bitcoin ETF trading volume on April 8.
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x.com/valkyriefundsRecorded $5,020,781 in spot Bitcoin ETF trading volume on April 8, 2026.
Recorded zero net flow on March 13, 2026.
Experienced a net inflow of $11.57 million on 2026-03-03.
Recorded zero net inflow on March 2, 2026, among a group of Bitcoin ETFs that collectively saw $962.48 million in total net inflows that day.
Recorded zero net inflow on February 25, 2026 in its Bitcoin ETF.
Recorded zero net inflows on February 24, 2026.
Recorded zero net flow on February 13, 2026.
Experienced net outflow of $2.77 million on February 12, 2026.
Recorded zero net flow on December 18, 2025.
BRRR records $6 million net inflow on December 15th during widespread Bitcoin ETF redemptions totaling $351.69 million across the sector.
CoinShares announces planned acquisition of Valkyrie Funds, pending SEC approval, to expand US crypto ETF presence.