Grayscale ETF Global Director: Grayscale has a huge difference from any other products that are about to be listed
Cryptocurrency asset management company Grayscale was quoted on platform X by its global ETF director Dave LaValle, saying that Grayscale has a huge difference from any other products about to be listed. This is because Grayscale has over one million investors and billions of dollars in daily trading volume. In the field of exchange-traded funds, scale matters. In the spot Bitcoin ETF sector, the giant is Grayscale Investments. If approved by the U.S Securities and Exchange Commission, Grayscale already has $27 billion in assets under management while other potential spot Bitcoin ETF issuers would need to start from scratch.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Foundation: BPO-1 Activated, Blob Capacity per Block Increased to 15
Analysis: The current market is in a risk-on mode, and bitcoin sellers may soon disappear
RootData: QAI will unlock tokens worth approximately $22.88 million in one week
Data: US-listed company Exodus Movement sold 245 bitcoins, reducing its total holdings to 1,902 bitcoins.