MarketsCryptocurrenciesGrayscale Hires ETF Head to Convert Biggest Bitcoin FundLaValle will lead company’s efforts to turn GBTC into an ETFLargest crypto product has traded at a discount since MarchFacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Katie GreifeldAugust 4, 2021 at 11:30 AM UTCUpdated on August 4, 2021 at 6:53 PM UTCBookmarkSaveLock This article is for subscribers only.Follow @crypto Twitter for the latest news.The company behind the largest cryptocurrency fund is building out its ETF team, despite dimming odds that U.S. regulators will approve the structure this year.