BTC/USD
ETH/USD
HCX/USD
BCH/USD
BSV/USD
LTC/USD
EOS/USD
ADA/USD
LINK/USD
BAT/USD
HBAR/USD
BTC/USD
ETH/USD
HCX/USD
BCH/USD
BSV/USD
LTC/USD
EOS/USD
ADA/USD
LINK/USD
BAT/USD
HBAR/USD
Mega crypto asset management firm Grayscale announced its operation expansion plains across Europe, starting with the launch of a new crypto exchange-traded futures (ETF). The corporation also disclosed that its 1st European crypto ETF, titled Grayscale Future of Finance UCITS ETF, began trading on 17th May 2022.
Grayscale’s latest option in digital asset investment is already being listed across the major stock exchanges of Europe. Starting with the London Stock Exchange, the digital trading platform of Deutsche Börse(Xetra), and the Borsa Italiana, the Grayscale ETF will soon be available all across Europe, and will be represented by the GFOF ticker symbol.
Also Read: Australia to Greenlight Bitcoin ETF with Initial Crypto Demand Testing
The GFOF UCITS ET has been launched in collaboration with Bloomberg; and monitors the performance of the Bloomberg GFOF Index first launched in January this year. Both the companies combined their resources and launched this index in a bid to keep tabs on digital economy growth prioritizing technology, digital assets, and finance.
As per their announcements, the exchange-traded fund will feature companies with direct involvement in crypto mining, management of energy, and other components of the cryptocurrency ecosystem. The fund’s official information also discloses observation of crypto-friendly fintech and trading app platforms. The Top 10 GFOF holdings include HOOD, PYPL, SQ, SI, PLUS, COIN, 8698, ARB, NB2, and CAN.
Also Read: Brazil Exchange To Launch Futures Trading on Bitcoin and Ethereum
The GFOF UCITS ETF will provide European investors a chance to leverage exposure across companies integral to the evolution of the global financial architecture. Grayscale remains one of the largest investors in Bitcoin, with the Grayscale BTC Trust having an estimated $18.3 billion worth of assets under its management. The company was pushing its Spot ETF for BTC in an aggressive fashion, trying to persuade the US SEC into turning its assets(the largest BTC fund) into an ETF. The proposal claimed it would unlock USD 8 billion for crypto investors.
The GBTC had been affected by the current market crash, recording a 31% drop in trading valuations earlier week. Bitcoin continues to stand strong, recovering after the recent drop.
Grayscale CEO Michael Sonnenshein stated:
“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.”
THE GFOF ETF news comes at a time of growing crypto ETF adoption. Total assets accumulated under crypto ETFs already surpassed $16.3 billion within the 1st quarter of 2022. Meanwhile, another European crypto ETF provider, 21Shares, announced the expansion of its list to include L1(Layer-1) and DeFi ETPs(Exchange-traded Products), offering investors leverage to benefit from exposure to the 5 biggest DeFi Blockchains. All of these point to the growing relevance of cryptocurrencies as an alternative asset class, and blockchain as the architecture responsible for the upcoming financial transformation.
BCH/USD
BTC/USD
ETH/USD
HCX/USD
XRP/USD
ETC/USD
BSV/USD
LTC/USD
EOS/USD
ADA/USD
LINK/USD
BAT/USD
HBAR/USD
UBU/USD
AAVE/USD
GRT/USD
YFI/USD
WBTC/USD
USDC/USD
UNI/USD
TUSD/USD
SNX/USD
SHIB/USD
PAX/USD
MATIC/USD
MKR/USD
ZEC/USD
FTT/USD
DOGE/USD
BTG/USD
BUSD/USD
CHZ/USD
COMP/USD
DAI/USD
XLM/USD
SOL/USD
XTZ/USD
DOT/USD
VTHO/USD
TRX/USD
LUNA/USD
ALGO/USD
AVAX/USD
TFUEL/USD
THETA/USD
VET/USD
NEAR/USD
BCH/BTC
BTC/BTC
ETH/BTC
HCX/BTC
XRP/BTC
ETC/BTC
BSV/BTC
LTC/BTC
EOS/BTC
ADA/BTC
LINK/BTC
BAT/BTC
HBAR/BTC
UBU/BTC
AAVE/BTC
GRT/BTC
YFI/BTC
WBTC/BTC
USDC/BTC
UNI/BTC
TUSD/BTC
SNX/BTC
SHIB/BTC
PAX/BTC
MATIC/BTC
MKR/BTC
ZEC/BTC
FTT/BTC
DOGE/BTC
BTG/BTC
BUSD/BTC
CHZ/BTC
COMP/BTC
DAI/BTC
XLM/BTC
SOL/BTC
XTZ/BTC
DOT/BTC
VTHO/BTC
TRX/BTC
LUNA/BTC
ALGO/BTC
AVAX/BTC
TFUEL/BTC
THETA/BTC
VET/BTC
NEAR/BTC
BCH/USDT
BTC/USDT
ETH/USDT
HCX/USDT
XRP/USDT
ETC/USDT
BSV/USDT
LTC/USDT
EOS/USDT
ADA/USDT
LINK/USDT
BAT/USDT
HBAR/USDT
UBU/USDT
AAVE/USDT
GRT/USDT
YFI/USDT
WBTC/USDT
USDC/USDT
UNI/USDT
TUSD/USDT
SNX/USDT
SHIB/USDT
PAX/USDT
MATIC/USDT
MKR/USDT
ZEC/USDT
FTT/USDT
DOGE/USDT
BTG/USDT
BUSD/USDT
CHZ/USDT
COMP/USDT
DAI/USDT
XLM/USDT
SOL/USDT
XTZ/USDT
DOT/USDT
VTHO/USDT
TRX/USDT
LUNA/USDT
ALGO/USDT
AVAX/USDT
TFUEL/USDT
THETA/USDT
VET/USDT
NEAR/ETH
BCH/ETH
BTC/ETH
ETH/ETH
HCX/ETH
XRP/ETH
ETC/ETH
BSV/ETH
LTC/ETH
EOS/ETH
ADA/ETH
LINK/ETH
BAT/ETH
HBAR/ETH
UBU/ETH
AAVE/ETH
GRT/ETH
YFI/ETH
WBTC/ETH
USDC/ETH
UNI/ETH
TUSD/ETH
SNX/ETH
SHIB/ETH
PAX/ETH
MATIC/ETH
MKR/ETH
ZEC/ETH
FTT/ETH
DOGE/ETH
BTG/ETH
BUSD/ETH
CHZ/ETH
COMP/ETH
DAI/ETH
XLM/ETH
SOL/ETH
XTZ/ETH
DOT/ETH
VTHO/ETH
TRX/ETH
LUNA/ETH
ALGO/ETH
AVAX/ETH
TFUEL/ETH
THETA/ETH
VET/ETH
NEAR/ETH
BCH/HCX
BTC/HCX
ETH/HCX
HCX/HCX
XRP/HCX
ETC/HCX
BSV/HCX
LTC/HCX
EOS/HCX
ADA/HCX
LINK/HCX
BAT/HCX
HBAR/HCX
UBU/HCX
AAVE/HCX
GRT/HCX
YFI/HCX
WBTC/HCX
USDC/HCX
UNI/HCX
TUSD/HCX
SNX/HCX
SHIB/HCX
PAX/HCX
MATIC/HCX
MKR/HCX
ZEC/HCX
FTT/HCX
DOGE/HCX
BTG/HCX
BUSD/HCX
CHZ/HCX
COMP/HCX
DAI/HCX
XLM/HCX
SOL/HCX
XTZ/HCX
DOT/HCX
VTHO/HCX
TRX/HCX
LUNA/HCX
ALGO/HCX
AVAX/HCX
TFUEL/HCX
THETA/HCX
VET/HCX
NEAR/HCX
BCH/INR
BTC/INR
ETH/INR
HCX/INR
XRP/INR
ETC/INR
BSV/INR
LTC/INR
EOS/INR
ADA/INR
LINK/INR
BAT/INR
HBAR/INR
UBU/INR
AAVE/INR
GRT/INR
YFI/INR
WBTC/INR
USDC/INR
UNI/INR
TUSD/INR
SNX/INR
SHIB/INR
PAX/INR
MATIC/INR
MKR/INR
ZEC/INR
FTT/INR
DOGE/INR
BTG/INR
BUSD/INR
CHZ/INR
COMP/INR
DAI/INR
XLM/INR
SOL/INR
XTZ/INR
DOT/INR
VTHO/INR
TRX/INR
LUNA/INR
ALGO/INR
AVAX/INR
TFUEL/INR
THETA/INR
VET/INR
NEAR/INR
BCH/AED
BTC/AED
ETH/AED
HCX/AED
XRP/AED
ETC/AED
BSV/AED
LTC/AED
EOS/AED
ADA/AED
LINK/AED
BAT/AED
HBAR/AED
UBU/AED
AAVE/AED
GRT/AED
YFI/AED
WBTC/AED
USDC/AED
UNI/AED
TUSD/AED
SNX/AED
SHIB/AED
PAX/AED
MATIC/AED
MKR/AED
ZEC/AED
FTT/AED
DOGE/AED
BTG/AED
BUSD/AED
CHZ/AED
COMP/AED
DAI/AED
XLM/AED
SOL/AED
XTZ/AED
DOT/AED
VTHO/AED
TRX/AED
LUNA/AED
ALGO/AED
AVAX/AED
TFUEL/AED
THETA/AED
VET/AED
NEAR/AED
BCH/EUR
BTC/EUR
ETH/EUR
HCX/EUR
XRP/EUR
ETC/EUR
BSV/EUR
LTC/EUR
EOS/EUR
ADA/EUR
LINK/EUR
BAT/EUR
HBAR/EUR
UBU/EUR
AAVE/EUR
GRT/EUR
YFI/EUR
WBTC/EUR
USDC/EUR
UNI/EUR
TUSD/EUR
SNX/EUR
SHIB/EUR
PAX/EUR
MATIC/EUR
MKR/EUR
ZEC/EUR
FTT/EUR
DOGE/EUR
BTG/EUR
BUSD/EUR
CHZ/EUR
COMP/EUR
DAI/EUR
XLM/EUR
SOL/EUR
XTZ/EUR
DOT/EUR
VTHO/EUR
TRX/EUR
LUNA/EUR
ALGO/EUR
AVAX/EUR
TFUEL/EUR
THETA/EUR
VET/EUR
NEAR/EUR
BCH/SGD
BTC/SGD
ETH/SGD
HCX/SGD
XRP/SGD
ETC/SGD
BSV/SGD
LTC/SGD
EOS/SGD
ADA/SGD
LINK/SGD
BAT/SGD
HBAR/SGD
UBU/SGD
AAVE/SGD
GRT/SGD
YFI/SGD
WBTC/SGD
USDC/SGD
UNI/SGD
TUSD/SGD
SNX/SGD
SHIB/SGD
PAX/SGD
MATIC/SGD
MKR/SGD
ZEC/SGD
FTT/SGD
DOGE/SGD
BTG/SGD
BUSD/SGD
CHZ/SGD
COMP/SGD
DAI/SGD
XLM/SGD
SOL/SGD
XTZ/SGD
DOT/SGD
VTHO/SGD
TRX/SGD
LUNA/SGD
ALGO/SGD
AVAX/SGD
TFUEL/SGD
THETA/SGD
VET/SGD
NEAR/SGD
Support Agent
*Powered by Paybito
