Grayscale Moves to Convert Multi-Crypto Fund into ETF
Grayscale has requested approval from the SEC to convert its $524 million crypto fund, which tracks assets like BTC and ETH into an ETF.
Fhumulani Lukoto holds a Bachelors Degree in Journalism enabling her to become the writer she is today. Her passion for cryptocurrency and bitcoin started in 2021 when she began producing content in the space. A naturally inquisitive person, she dove head first into all things crypto to gain the huge wealth of knowledge she has today. Based out of Gauteng, South Africa, Fhumulani is a core member of the content team at Coin Insider.
Grayscale has requested approval from the SEC to convert its $524 million crypto fund, which tracks assets like BTC and ETH into an ETF.
The Monochrome Ethereum ETF (IETH) was launched on Cboe Australia on October 15, following the introduction of a spot Bitcoin ETF in June.
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