Share this article
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.
Updated Sep 14, 2021, 1:35 p.m. Published Aug 4, 2021, 11:59 a.m.
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).
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- 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 firm also announced its intention to launch private funds that mirrored equivalent Nasdaq indexes tracking the performances of bitcoin and ether.
Read more: SEC Chairman Gensler Agrees With Predecessor: ‘Every ICO Is a Security’
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
What to know:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
Top Stories
