Valkyrie has reapplied for a physically-backed Bitcoin ETF, with Coinbase as a partner for the custody protocol.

Odaily Report: After submitting a Bitcoin ETF application to the U.S. SEC on June 21st, Valkyrie filed a new 19b-4 document on Wednesday (July 5th), stating that Coinbase will serve as a partner for the supervision and sharing agreement aimed at preventing market manipulation. (CoinDesk)