Grayscale: Cryptocurrency ETFs Other Than Bitcoin and Ether Funds Will Be '100%' Approved
During a roundtable discussion on ETFs and digital assets hosted by the New York Stock Exchange on Wednesday, David LaValle, global head of ETFs at Shades of Gray, was asked if he thought exchange-traded funds based on other cryptocurrencies might gain "I think 100 percent," he said in the next two to three years. "The path for digital asset ETFs happens to be through this regulated market on the futures side, but as the digital asset market as a whole continues to expand and mature, I mean, we've already proven that we can do that with Bitcoin."
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