The Latest Breaking News from Valkyrie

After turning heads with Pressure & Time in 2011, Rival Sons returned to the studio with a new bassist and a fistful of big ideas

Valkyrie has just released its AL125 CPU air cooler to retailers in China, where it is now on pre-sale. The new tower-style cooler packs in many frills for its sub-$20 pricing, featuring a built-in IPS display and an RGB fan.

Steven McClurg is the cofounder and CIO of Valkyrie, an asset manager vying to launch a spot Bitcoin ETF.

ARK 21 and VanEck's spot Bitcoin ETFs lead with a 0.25% fee, followed by Fidelity at 0.39%, Wisdom Tree at 0.50%, Invesco at 0.59%, Valkyrie at 0.80% and Hashdex at 0.90%.

The submission of Form 8-A suggests that the SEC's decision is imminent, but it does not necessarily imply approval.

Issuers including Fidelity and Galaxy are jockeying for position to gain an early advantage in the Bitcoin race.

Dimon made headlines last month when he vocally criticized Bitcoin, the world's largest crypto asset by market capitalization, saying he would "close down" BTC if he was the one running the U.S. government as the crypto asset, along with other cryptocurrencies, is used by criminals.

Cryptocurrencies and related stocks rallied early Monday. Bitcoin price spikes to mid-August highs. Ethereum climbs on launch of futures ETFs.

Since 2013, the coin has taken a monthly loss in September all but twice.