Bitcoin investment giant Grayscale debuts ETF in Europe

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Welcome to Europe, Grayscale! The crypto investment giant expands operations by launching its first European ETF, called Grayscale Future of Finance UCITS ETF. (Reporting via coindanslecoin)

the index in January 2022, aiming to track the digital economy, focusing on the three main directions of technology, finance and digital assets.

According to the announcement, the new ETF includes companies directly involved in cryptocurrency mining, energy management and other activities in the digital asset ecosystem. According to the official information about the fund, the ETFTop 10 GFOF holdings. Source: Grayscale “Through GFOF UCITS ETF, European investors now have the opportunity to receive exposure to the companies that are pivotal to the evolution of the global financial system,” Grayscale’s global head of ETFs David LaValle said.

Grayscale also collaborated with Europe’s white-label issuer HANetf to create the new investment product. The issuer isA spokesperson for Grayscale told Cointelegraph that the new ETF launch is an important milestone both for the company's growth and the digital asset ecosystem, stating: "We believe that the most exciting thing about the digital economy is the fact that we’re still so early in its development [...] That’s the vision that drove the creation of GFOF, the opportunity to capture value from transformative companies that are, and will be, embracing or building the future of finance and our global digital economy.”

 

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