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ScottMelker
Aug 13, 2024
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Grayscale’s Global Head of ETFs, Dave Lavalle, anticipates huge growth in the crypto ETF market, with an expansion to include new assets and diversified crypto indexes. Speaking during an August 12 webinar, Lavalle expressed surprise at the swift SEC approval of Ethereum ETFs, which has opened the door for future single-asset and index-based crypto funds. Grayscale, currently managing over $25 billion in crypto ETFs, has seen record inflows of $15 billion this year, driven by strong demand and adoption by major financial institutions. Lavalle expects continued growth as more crypto ETFs await regulatory approval. Source: Cointelegraph

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