Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. crypto cryptocurrency bitcoin $BTC
The company’s Future of Finance UCITS ETF will list on the London Stock Exchange , Borsa Italiana, and Deutsche Börse Xetra.Grayscale Investments, the world’s largest digital asset manager, announced Monday the launch of its first European exchange-traded fund called Grayscale Future of Finance UCITS ETF . It will list on the London Stock Exchange , Borsa Italiana, and Deutsche Börse Xetra, the company said.
The GFOF UCITS ETF is Grayscale’s second ETF. The first, announced in February, is listed in the U.S. in partnership with Bloomberg. It also tracks the investment performance of the Bloomberg Grayscale Future of Finance Index. Meanwhile, Grayscale is trying to convince the U.S. Securities and Exchange Commission to approve the conversion of its flagship product, the Grayscale Bitcoin Trust , into a spot bitcoin ETF. GBTC currently has $19.2 billion in assets under management.
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