Grayscale has just announced its intention to create an ETF that should contain BTC, ETH, XRP and AVAX.
The company has announced its intention to create a new ETF that includes some of the biggest cryptocurrencies in terms of market capitalization. Currently, the company has a fund called “Grayscale Digital Large Cap Fund”, and would like to convert it into an ETF.
Such a success could have a big impact on the crypto market because it could bring a lot of liquidity and therefore price hikes. Note that this is a project and not a finished product already available, so it will be necessary to follow the evolution of the project in the coming months. Grayscale’s idea with such an announcement is perhaps to position itself on the market with such a product before or during the bullrun. To be continued then.