Head of Grayscale Global ETF: Digital asset ETFs other than Bitcoin and Ethereum will be "100%" approved

2024-04-18 08:19:05

Collection

ChainCatcher news, according to The Block, Grayscale's global ETF head David LaValle stated that he is "one hundred percent" confident that exchange-traded funds (ETFs) based on cryptocurrencies other than Bitcoin and Ethereum will eventually be available to investors.

David LaValle, when asked during a roundtable discussion on Wednesday whether he believes that ETFs based on other cryptocurrencies could be approved in the next two to three years, said, "I believe one hundred percent they will."

He said, "The path for digital asset ETFs was originally through this regulated futures market, but as the overall digital asset market expands and matures, I mean, we have proven that we can do this with Bitcoin, and we are having very productive discussions regarding Ethereum."

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.