Grayscale Investments to List Its First ETF in Europe
Grayscale Investments wants to list its first exchange-traded fund (ETF) in Europe, giving investors access to financial, technological, and digital asset companies.
The Grayscale Future of Finance UCITS ETF (GFOF) will be listed on the London Stock Exchange (LSE), Deutsche Börse, and Borsa Italiana, and will be accessible to investors throughout Europe. According to a business official, trading in the ETF will begin tomorrow.
The Bloomberg Grayscale Future of Finance Index, which was introduced in January to track the performance of financial services and technology companies in the digital economy, will be followed by the ETF. PayPal (PYPL), Coinbase Global (COIN), Block (SQ), Robinhood Markets (HOOD), and Argo Blockchain are just a few of them (ARB).
Grayscale Investments wants to list its first exchange-traded fund (ETF) in Europe, giving investors access to financial, technological, and digital asset companies.
The Grayscale Future of Finance UCITS ETF (GFOF) will be listed on the London Stock Exchange (LSE), Deutsche Börse, and Borsa Italiana, and will be accessible to investors throughout Europe. According to a business official, trading in the ETF will begin tomorrow.
The Bloomberg Grayscale Future of Finance Index, which was introduced in January to track the performance of financial services and technology companies in the digital economy, will be followed by the ETF. PayPal (PYPL), Coinbase Global (COIN), Block (SQ), Robinhood Markets (HOOD), and Argo Blockchain are just a few of them (ARB).
Grayscale is attempting to transform its Grayscale Bitcoin Trust (GBTC) into a spot bitcoin ETF in the United States. Despite receiving scores of applications in recent years, the Securities and Exchange Commission (SEC) has yet to approve such a product.
Grayscale is a division of Digital Currency Group, which is also CoinDesk’s parent business.