Grayscale Establishes Grayscale Funds Trust and Files with SEC for Bitcoin and Ethereum-Related ETFs

Digital currency asset manager Grayscale Investments announced the formation of Grayscale Funds Trust, a Delaware statutory trust structure that will allow Grayscale to independently manage its 1940 Act products as the firm continues to build out its ETF franchise.

Grayscale also announced it filed a Registration Statement on Form N-1A with the Securities and Exchange Commission (SEC) for Grayscale Ethereum Futures ETF, Grayscale Global Bitcoin Composite ETF, and Grayscale Privacy ETF, each a series of Grayscale Funds Trust.

Grayscale previously formed Grayscale Advisors, a SEC-registered investment advisor, which will serve as investment advisor to the ETFs issued by Grayscale Funds Trust.

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