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“It’s paramount that Grayscale has the strongest legal minds working on our application to convert GBTC to an ETF, and we are thrilled that Verrilli will join our outstanding legal team," a Grayscale spokesperson said, underlining Verrilli’s long experience before the high court, including major wins defending the Affordable Care
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The Grayscale Bitcoin Trust (GBTC), Grayscale’s flagship investment vehicle that it wants to convert to an exchange-traded fund (ETF), would love to attract those investors. The company is hoping the U.S. Securities and Exchange Commission approves the conversion, although the SEC has yet to approve any ETF that holds actual
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Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS ETF will list on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra. Grayscale Launches ETF in Europe Grayscale Investments, the world’s largest digital asset manager, announced Monday the launch of
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Crypto investment giant Grayscale is expanding operations by launching a new crypto-linked exchange-traded fund (ETF) in Europe.Grayscale officially announced its first European ETF, called Grayscale Future of Finance UCITS ETF, on May 16.The new investment product is getting listings on major European stock exchanges, including the London Stock Exchange, Borsa
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The ETF will track the Bloomberg Grayscale Future of Finance Index, which was launched in January to track the performance of financial services and technology companies in the digital economy. They include PayPal (PYPL), Coinbase Global (COIN), Block (SQ), Robinhood Markets (HOOD) and Argo Blockchain (ARB). Original Source
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Last year Grayscale applied to the U.S. Securities and Exchange Commission (SEC) to convert GBTC into a spot exchange-traded fund. Many analysts are skeptical the SEC will approve the conversion anytime soon, though some traders have bought GBTC as a way of betting on the prospect of the SEC's
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Additionally, asset manager Bitwise has a spot bitcoin ETF application pending review with the SEC, with a final deadline of June 29. While declining to address the fund’s specific chances of being approved, Matt Hougan, Bitwise’s chief investment officer, in April told CoinDesk “we’re making progress." Original Source
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Grayscale Investments, the world’s largest digital asset manager, is expanding into Europe. “We’re going to be very thoughtful, very methodical about each of the financial centers and financial hubs that we ultimately launch in,” said the CEO. Grayscale Entering Europe The world’s largest digital asset manager, Grayscale Investments, is getting ready to
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Digital asset manager Grayscale Investments is planning to expand its product offerings into Europe to tap into growing institutional demand for cryptocurrencies in the region, CEO Michael Sonnenshein confirmed Tuesday.In an interview with Bloomberg, Sonnenshein said the company was holding meetings with local partners to discuss how Grayscale’s suite of
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Grayscale Investments is eyeing expansion into the European market for crypto funds, Bloomberg reported Tuesday. Source
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