Grayscale to launch digital assets ETF in UK, Italy, Germany


FILE PHOTO: Representations of virtual cryptocurrencies are placed on U.S. Dollar banknotes in this illustration taken November 28, 2021. REUTERS/Dado Ruvic/Illustration

LONDON (Reuters) - Grayscale will list an exchange-traded fund (ETF) in Europe made up of companies representing the "Future of Finance", the world's largest cryptocurrency asset manager said in a statement on Monday.

The ETF, tracking the "Bloomberg Grayscale Future of Finance Index", will be listed on the London Stock Exchange, Italy's Borsa Italiana and Germany's Deutsche Börse Xetra and begin trading on May 17. It is the first time that U.S.-based Grayscale has listed a fund in Europe.

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