Crypto Investment Giant Grayscale Is Expanding Its Operations It has launched a new Crypto-Linked ETF in Europe.
Grayscale officially announced the launch of its first European ETF, the Grayscale Future of Finance UCITS ETF, on Monday, with a Grayscale spokesperson saying the ETF will begin trading on Tuesday.
This new investment product will be listed on the major European stock exchanges. This includes the London Stock Exchange, Borsa Italiana and Xetra, the Deutsche Börse trading platform, under the ticker symbol GFOF ETF.
According to the announcement, the new ETF will include companies directly involved in mining. Cryptocurrency , energy management , and other activities in the digital asset ecosystem According to the official information about ETFs, it willfollowCompanies such as Robinhood, PayPal, Block, Coinbase, Canaan, and others.
David LaValle, Head of Global ETFs at Grayscale, said: “With the GFOF UCITS ETF, European investors have the opportunity to take advantage of companies. important to the evolution of the global financial system.”
A Grayscale spokesperson said the launch of the new ETF is a key step for the company’s growth and its digital asset ecosystem.
“We believe that the most exciting thing about the digital economy is that we are still in the early stages of development. [… ] That is the vision that drives the creation of GFOF and will shape the future of our global finance and digital economy.”
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