Grayscale is based on new companies to manage funds and strives to expand the ETF offer

Von Krypto News Österreich

Der Kryptowährungs-Vermögensverwalter Grayscale Investments gab die Gründung des Grayscale Funds Trust bekannt. Die neue Einheit wird es dem Unternehmen ermöglichen, viele seiner börsennotierten Finanzprodukte intern zu verwalten. Optimistisch für die Zukunft von Crypto Darüber hinaus hat Grayscale bei der United States Securities and Exchange Commission (SEC) eine Registrierungserklärung für drei neue auf Krypto ausgerichtete Exchange Traded Funds (ETFs) eingereicht. Dabei handelt es sich um einen Ethereum Futures ETF, einen Global Bitcoin Composite ETF und einen Privacy ETF. Der Schritt von Grayscale, Registrierungserklärungen für drei neue kryptofokussierte ETFs einzureichen, deutet darauf hin, dass das Unternehmen hinsichtlich der Zukunft von Kryptowährungs-Investmentprodukten immer …
The cryptocurrency administrator Grayscale investments announced the foundation of the Grayscale Fund Trust. The new unit will enable the company to manage many of its listed financial products internally. Optimistic for the future of Crypto In addition, Grayscale has submitted a declaration of registration for three new Exchange Trades (ETFS), which are based on Krypto (ETFS). It is an Ethereum Futures ETF, a Global Bitcoin Composite ETF and a Privacy ETF. The step of Grayscale to submit registration declarations for three new cryptofocussed ETFs indicates that the company always ... (Symbolbild/KNAT)

The cryptocurrency administrator Grayscale investments announced the foundation of the Grayscale Fund Trust.

The new unit will enable the company to manage many of its listed financial products internally.

optimistic for the future of crypto

In addition, Grayscale has submitted a declaration of registration for three new Exchange Traded Funds (ETFs) based on Krypto. It is an Ethereum Futures ETF, a global Bitcoin Composite ETF and a Privacy Etf.

The step of Grayscale to submit registration declarations for three new cryptofocussed ETFs indicates that the company is still optimistic about the future of cryptocurrency investment products.

"Investors want and earn access to future-oriented investment opportunities, and Grayscale Funds Trust will enable us to expand our offer, while we are building our ETF franchise at @dave_lavalle," said Grayscale in his Opinion on Twitter.

ETF expansion plans

The Global Bitcoin Composite ETF would invest in stock markets that are related to Bitcoin or are covered by Bitcoin, while the Ethereum Futures-ETF would offer indirect engagement in the potential future value of ether through stocks that are pursuing the ETH price, said the company in a Pr.

The Grayscale Privacy ETF, on the other hand, would invest in companies that work on blockchain-based data protection technology. However, none of the three ETFs will be available for public purchase until the SEC approves the declaration of registration.

The Grayscale announcement is made, since the company is still in a continued conflict with the SEC with the conversion of its $ 17 billion Grayscale Bitcoin Trust (GBTC) into a spot bitcoin ETF product.

dispute over Spot-Bitcoin-ETF

Although the SEC has approved several Bitcoin futures ETFs, it has so far rejected every application for a spot-bitcoin investment product and has expressed concerns that investors could be exposed to potential fraud and market manipulation.

Grayscale sued the regulatory authority on January 13 because of the rejection of its application and argued that the SEC acted indiscriminately by treating stock market-traded crypto-spot products differently than futures products. Grayscale explained in his brief against the SEC that there was a correlation of 99.9 % between the prices on the Bitcoin Futures market and the Spot BTC market.

In the middle of the general market depression, Grayscales flagship product Grayscale Bitcoin Trust (GBTC), which follows the BTC prices, on February 13, a record discount of 47.35 % on the net inventory value. Recently sued FTX Grayscale because of the rejection of Bitcoin and Ethereum returns.

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