Digital Assets: Grayscale Launches Its First ETF in Europe
The Grayscale Future of Finance UCITS ETF will list on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra.
The first European ETF from Grayscale Investments, the Grayscale Future of Finance UCITS ETF, will list on European bourses and offer investors exposure to companies that are at the intersection of finance, technology, and digital assets and building the digital economy. (GlobeNewswire)
Grayscale Investments: The Future of Finance UCITS ETF
Similarly to its US predecessor, the European GFOF ETF will track the Bloomberg Grayscale Future of Finance Index. In the US, the Grayscale Future of Finance ETF launched on February 1, 2022.
“We announced our first ETF earlier this year in partnership with Bloomberg as part of the expansion of our business. With growing global demand from both institutional and individual investors for Grayscale products, we’re thrilled to be expanding our offering in Europe through the UCITS wrapper,” said Grayscale Investments CEO Michael Sonnenshein.
“At Grayscale, we have long believed that the digital economy will be a major driver for the development and growth of the global economy. 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,” said David LaValle, Global Head of ETFs at Grayscale Investments.
Grayscale Investments created the Future of Finance UCITS ETF in collaboration with ‘white label’ UCITS ETF issuer HANetf. The new ETF will also be passported for sale across Europe.
Related Story: Grayscale Files To Launch “Future Of Finance” Equity ETF
Image Credit: Deutsche Börse Group
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