The Valkyrie Market Brief
A daily roundup of market news
Valkyrie Digital Assets is now offering a Dash trust. This is the third closed-end crypto fund that includes a staking yield on top of exposure to the underlying asset, joining the previously launched Algorand Trust and a Polkadot Trust.
Three U.S. Senators are floating bill to ensure miners, node operators, developers and other non-custodial crypto industry participants are exempt from a crypto tax reporting provision in the U.S.’ infrastructure bill.
Fed Vice Chairman Richard Clarida said the central bank is on course to pull back on the massive support it is providing to the economy, starting with an announcement later this year that it is paring bond purchases and moving on to a liftoff in interest rates in 2023.