Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • 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

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025
Add A Comment

Comments are closed.

Recent Posts

Zeta Network Group Enters Strategic Partnership With SOLV Foundation To Advance Bitcoin-Centric Finance

October 7, 2025

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025

Cake Eyes 60% Rally Pancake WAP

October 5, 2025

Bitcoin Pullback — ETFs Drive Capital Flows, Altcoins Like SOL And XRP Boost Investor Returns

October 5, 2025

SHIBA INU (SHIB) and Dogecoin (DOGE) holders are 16,736%of Rally Progast Tempts buyers that are accumulated as Little PEPE (Lilpepe).

October 5, 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

Zeta Network Group Enters Strategic Partnership With SOLV Foundation To Advance Bitcoin-Centric Finance

October 7, 2025

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025
Most Popular

PEPE Holders Lose 3.5 Million After 700B Binance Splash

June 27, 2024

Ark Invest Sells $6.9 Million of Its Own Spot Bitcoin ETF, Expands Coinbase Share Sale

August 2, 2024

Shutterstock and Getty Images Strengthen Creative Services with NVIDIA-Powered Generative AI

July 30, 2024
  • 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.