$ 20,484.00
$ 1,182.29
$ 1.00
$ 0.46205
$ 0.332011
$ 1.00

The First European ETF to be Launched by Grayscale

Grayscale Investments stated on Monday that it is planning to enter the European market with its first exchange-traded fund (ETF).

Grayscale Investments stated on Monday that it is planning to enter the European market with its first exchange-traded fund (ETF).

The Grayscale Future of Finance UCITS ETF, according to the company, reflects the performance of investments of the Bloomberg Grayscale Future of Finance Index. Via an ETF wrapper, it aims to provide investors with coverage to businesses at the convergence of finance, technology, and crypto assets, firms that the company claims are “building the digital economy.”

It will trade under the ticker GFOF on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra, and would be meant to carry for sale throughout Europe, representing the next step in the firm’s European expansion. 

Michael Sonnenshein, the CEO of Grayscale said in the release that “this product draws upon our historical strengths, while furthering our evolution as an asset manager that helps investors build portfolios that can stand the test of time.” 

Grayscale launched an ETF in the United States in February 2022 through which the very same index is tracked. Grayscale closed at $14.69 on May 13, falling from roughly $26 on February 1, according to a tracker on the company’s website. The most prominent holdings are Block, Robinhood, and Coinbase.

Also read:

Related News

Meta Continues With Its NFT Plans

Meta stated that its other cryptocurrency initiatives are proceeding according to schedule after announcing the end of its Novi project. Non-fungible tokens (NFT) have been developing for a while by the company. The Novi initiative, which enables remittances and international money transfers, will shortly be shut down, the company announced recently. According to the company, the project will no longer operate as of September 1. Users of Novi were informed

Read More »

Bitcoin’s Lightning Network Now Available for Argentina From OpenNode Partnership With Lemon Cash

OpenNode, a supplier for Bitcoin payments, has teamed with Lemon Cash, a well-known Latin American bitcoin wallet service. The wallet’s cooperation with OpenNode allows over 1 million Lemon Cash users to now access Bitcoin’s Lightning Network. “This partnership is yet another example of our capability and belief in Bitcoin as the new base layer for global payments… We’re proud to support Lemon’s mission and its desire to scale and benefit

Read More »
LuckyBlock is a worldwide game and competition platform with play to earn rewards using blockchain protocols. They have already given many prizes to the participants of the game.

Lucky Block Partners with Crypto Academy

Lucky Block has partnered with Crypto Academy, as we look forward to many updates and launches ahead.  Lucky Block has reached a partnership with Crypto Academy, the renowned Crypto Marketing Agency, and Informational and Educational portal. With an incredible success rate in helping cryptocurrency-focused startups grow in the industry, the partnership with Crypto Academy is a stepping stone in the exciting journey ahead for Lucky Block. LuckyBlock is a worldwide

Read More »

My Coins

$ 20,484.000.82%
$ 1,182.293.2%
$ 0.462050.94%
$ 1.000.06%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy


Contact Us

For any question conatct us through:

Disclaimer: All information and materials on this website are for educational purposes only. does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: