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Grayscale Launches Funds Trust and Files for Three ETFs with SEC

Grayscale Investments, the leading digital currency fund manager, has announced the launch of the Grayscale Funds Trust and filed registration statements for three exchange-traded funds with the U.S. Securities and Exchange Commission. The trust is a Delaware statutory trust structure that aims to strengthen the company's global asset management capabilities. Grayscale Advisors, an SEC-registered investment advisor, will serve as the new trust's advisor. The newly launched funds include the Grayscale Ethereum Futures ETF, Grayscale Global Bitcoin Composite ETF, and Grayscale Privacy ETF. Grayscale CEO Michael Sonnenshein stated that the creation of the Grayscale Funds Trust reflects their commitment to scaling their business responsibly.

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