Bitcoin investment giant Grayscale debuts ETF in Europe

The new ETF includes companies directly involved in cryptocurrency mining

Grayscale announced its first European ETF, listing on the London Stock Exchange, Borsa Italiana and Deutsche Börse Xetra. The crypto investment giant is expanding operations by launching a new crypto-linked exchange-traded fund (ETF) in Europe.

Called Grayscale Future of Finance UCITS  the ETF will begin trading on Tuesday. The new investment product is getting listings on major European stock exchanges, including the London Stock Exchange, Borsa Italiana as well as Deutsche Börse’s electronic trading platform Xetra. Listed under the ticker symbol GFOF, the ETF will also be passported for sale across Europe.

Launched in partnership with Bloomberg, GFOF UCITS ET tracks the performance of the Bloomberg Grayscale Future of Finance Index. Bloomberg and Grayscale jointly introduced the index in January 2022, aiming to track the digital economy, focusing on the three main directions of technology, finance and digital assets.