Grayscale investment team spokesman David LaValle said during the discussion that he is “100%” confident that exchange-traded funds based on cryptocurrencies other than Bitcoin and Ethereum will be available to investors. In his opinion, this will happen within two to three years. This is reported by The Block.
Also participating in the discussion was Bitwise Asset Management Chief Investment Officer Matt Hougan. He stated that the launch of Ethereum-ETF is “a matter of time.”
Also, the head of the investment strategy department at ProShares, Simeon Hyman, supported the words of David LaValle that ETFs for altcoins will appear on the market.
Source: Cryptocurrency
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