Crypto asset manager Grayscale has made a splash in the $7 trillion exchange-traded fund market by launching its first ETF.
Grayscale Investments has launched the Grayscale Future of Finance ETF, according to an announcement issued on Wednesday. The move marks the crypto investment giant’s maiden foray into the exchange-traded fund market.
Details of the ETF show that America’s fifth-largest commercial lender U.S. Bank will act as the fund’s service provider and administrator while broker-dealer Foreside will be the distributor of the fund.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Grayscale and Bloomberg Launch First Equity ETFDespite being unable to launch a spot Bitcoin ETF in the States, Grayscale will have an exchange-traded fund in the country.
Read more »
SEC Asks Bitwise to Address Concerns About Proposed Spot Bitcoin ETFThe SECGov is asking BitwiseInvest to provide clarity on its spot bitcoin ETP proposal. mikeybellusci reports.
Read more »
Bitcoin Would Benefit from Digital USD Launch, Grayscale CEO Says, Here's HowBitcoin investors would benefit from digitaldollar launch: Grayscale CEO sonnenshein. $BTC CBDC
Read more »
Grayscale and Bloomberg Launch First Equity ETFDespite being unable to launch a spot Bitcoin ETF in the States, Grayscale will have an exchange-traded fund in the country.
Read more »
Crypto Asset Manager Wisdomtree Reveals 'Direct-to-Retail' Digital Wallet – Bitcoin NewsCrypto asset and ETF manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime.
Read more »
Fidelity: Bitcoin is a 'superior form of money'Fidelity sees Bitcoin as an entry point for traditional investors into the digital asset market and suggested that investors should incorporate two separate frameworks for investing in digital assets
Read more »