Head of Grayscale Global ETF: One hundred percent confident that ETFs based on other cryptocurrencies will be launched in the future
David LaValle, the global head of Grayscale ETFs, expressed his "100 percent" confidence in the future launch of exchange-traded funds (ETFs) based on cryptocurrencies other than Bitcoin and Ethereum. At a roundtable discussion on Wednesday, when asked whether he believes that ETFs based on other cryptocurrencies could be approved within the next two to three years, David LaValle was firm in his belief. He further explained that the path for digital asset ETFs was originally through regulated futures markets, but with the overall expansion and maturity of digital asset markets, they have proven to be able to do this through Bitcoin and are having very fruitful discussions about Ethereum.
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