The world’s largest digital asset manager, Grayscale Investments, announced today the launch of its first ETF. Dubbed Grayscale Future of Finance ETF, it will be the first equity ETF to track the performance of the Bloomberg Grayscale Future of Finance Index.
The statement dated February 2nd informed that the new product’s ticker will be GFOF. It will aim to build “upon the thesis that the digital economy will boost global commerce, drive market efficiencies, and provide access to new pools of capital while reducing the need for costly and cumbersome intermediaries.”
The product will comprise entities from three industries. It will have asset managers, exchanges, brokerages, and wealth managers from the digital economy.
Technology solution companies, such as firms providing technology to the digital economy and digital asset infrastructure entities – organizations involved in mining and energy management, will also be a part of the ETF.
Grayscale has tapped US Bank as the ad
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