Victory Capital Applies to SEC for Crypto ETF
Victory Capital revealed its plans to enter the crypto market in June through a private fund tracking the NCI aimed at accredited investors.
Victory Capital has applied to the U.S. Securities and Exchange Commission (SEC) to list an exchange-traded fund (ETF) tracking the Nasdaq Crypto Index (NCI).
- The Nasdaq-listed company filed an S-1 form to the regulator Wednesday, adding its name to a long list of crypto ETF hopefuls in the U.S.
- The SEC is reviewing more than a dozen similar applications and has yet to approve a single one. Some applicants have had their approval windows extended more than once.
- Victory Capital revealed its plans to enter the crypto market in June through a private fund tracking the NCI aimed at accredited investors.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.