Whether or not it manages to convert its $40 billion Bitcoin product, the biggest crypto fund manager still plans to take the ETF industry by storm.
Grayscale Investments LLC submitted an application on Friday for the Future of Finance ETF (ticker GFOF), which would track shares of companies at “the intersection of finance, technology and digital assets,” according to a filing with the U.S. Securities and Exchange Commission. It’s Grayscale’s first ETF filing outside of its efforts to convert the Grayscale Bitcoin Trust (GBTC) -- the world’s largest Bitcoin fund -- into an exchange-traded fund.
