Grayscale Investments announced that it will launch its first exchange-traded fund (ETF) in Europe.
The Grayscale Future of Finance UCITS ETF product will track the investment performance of the Bloomberg Grayscale Future of Finance Index. It includes companies like PayPal, Coinbase, Silvergate, Robinhood, Block, etc.
The ETF will be listed on the London Stock Exchange (LSE), Borsa Italiana and Deutsche Börse Xetra under the ticker GFOF. The fund will thus be available to investors from all over Europe.
“This product builds on our historical strengths while contributing to our evolution as an asset manager that helps investors build portfolios that can stand the test of time,” said Grayscale CEO Michael Sonnenschein.