Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Cryptocurrency ETFs other than Bitcoin and Ethereum funds are ‘100%’ approved: Grayscale
ADOPTION NEWS

Cryptocurrency ETFs other than Bitcoin and Ethereum funds are ‘100%’ approved: Grayscale

By Crypto FlexsApril 17, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Cryptocurrency ETFs other than Bitcoin and Ethereum funds are ‘100%’ approved: Grayscale
Share
Facebook Twitter LinkedIn Pinterest Email

Grayscale’s head of ETFs is optimistic that regulators will eventually have to approve exchange-traded funds based on cryptocurrencies other than Bitcoin and Ethereum.

Grayscale’s global head of ETFs, David LaValle, was asked during a roundtable discussion Wednesday whether he thought exchange-traded funds based on other cryptocurrencies could gain approval in the next two to three years.

“I think it’s 100%,” he said. “The path to digital asset ETFs was through regulated markets on the futures side, but as the digital asset market as a whole continues to expand and mature, we have already proven that we can do this. bitcoin BTC

-4.11%
(And) we’re having really fruitful conversations. Ethereum ETH

-3.25%
.”

A roundtable discussion on ETFs and digital assets in which LaValle participated on Wednesday was hosted by the New York Stock Exchange and moderated by Nate Geraci, president of The ETF Store.

Grayscale’s GBTC fund, a converted spot Bitcoin ETF, began trading in January and remains the largest on the market despite billions of dollars in outflows. Industry insiders expect applications for a spot Ether ETF to be rejected next month, but there is a growing consensus that the Securities and Exchange Commission will eventually approve the Ethereum-based investment vehicle.



Cryptocurrency ETF era

“Whether approved in May or later, we believe the launch of an ETF has proven lower costs and improved protections for investors seeking access to this asset class, so an Ethereum ETF is a matter of when and if. I think.” said Matt Hougan, Chief Investment Officer at Bitwise Asset Management, who also attended the roundtable.

Following the application for a spot Ether ETF, Bitwise also issued a spot Bitcoin ETF.

Simeon Hyman, head of investment strategy at ProShares, also attended the roundtable and echoed LaValle’s thoughts about the market eventually expanding to include other cryptocurrencies. “I can’t imagine that there won’t be another currency of sufficient size and scale that we can all participate. That has to happen,” he said. Like Grayscale and Bitwise, ProShares also manages a spot Bitcoin ETF.

Hougan said he is optimistic about the approval and launch of new ETFs based on various digital assets in the long term. “We have entered the era of cryptocurrency ETFs, and we will use this cool packaging to give people what they want.”

The roundtable seemed to agree that allowing investors to bet on digital assets like Bitcoin through ETFs instead of requiring them to buy them directly has increased interest and exposure.

According to the panel, more investors are now considering investing a smaller portion of their available capital in digital assets, and ETFs offer a safer and easier way to do so.

“The (spot bitcoin) ETF coming to market has forced a conversation in which advisors and financial professionals have had to have an opinion,” LaValle said. He also added that the success of Bitcoin ETFs is causing more advisors to seriously consider adding Bitcoin to their clients. portfolio.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025

BTC RSI hits April low as Coinbase premium turns red.

October 18, 2025

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025
Add A Comment

Comments are closed.

Recent Posts

OKX Ventures Invests in Accountability for Enhanced Financial Verification

October 30, 2025

Injective (INJ) Completes First Community Buyback Worth $32 Million

October 29, 2025

Whale.io Confirms First Airdrop For Crock Dentist NFT Holders

October 29, 2025

BTC And XRP Prices Fluctuate Dramatically. WOAHash Helps Holders Earn $9,900 In Daily Returns.

October 29, 2025

Acre Launches V2 Platform, Enabling Bitcoin Holders To Earn 14% APY (est.) From Self-Custody

October 29, 2025

BitcoinOS $BOS Token Is Live On Binance Alpha And Top Tier CEX Listings, Advancing Institutional BTCFi

October 29, 2025

MEXC Maintains Strong Financial Stability With Over 100% Proof Of Reserve Across Major Assets

October 29, 2025

Australia provides clarity on cryptocurrency regulation with new guidelines

October 29, 2025

Stake USDT To Earn BTC With Up To 600% APR

October 28, 2025

Coinbase Acquires Echo, Leading On-Chain Capital Raising Platform in $375 Million Deal

October 28, 2025

US Bitcoin reports holdings of 3,865 BTC after recent acquisition

October 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

OKX Ventures Invests in Accountability for Enhanced Financial Verification

October 30, 2025

Injective (INJ) Completes First Community Buyback Worth $32 Million

October 29, 2025

Whale.io Confirms First Airdrop For Crock Dentist NFT Holders

October 29, 2025
Most Popular

Leverage AI for efficient meeting transcript summarization

October 17, 2024

Documentation – What is the schema description for the Bitcoin protocol?

April 2, 2024

Bitcoin Fractal Analysis predicts a new all -time high of $ 110K by the weekend.

May 20, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.