Grayscale Files Documents with SEC to Launch Three New Funds 

Grayscale has filed documents with the US Securities and Exchange Commission to create three new ETFs that will expand its offerings in the digital asset space.

The registration statement for the Grayscale Ethereum Futures ETF, Grayscale Global Bitcoin Composite ETF and Grayscale Privacy ETF was sent in conjunction with the creation of Grayscale Funds Trust, a Delaware statutory trust structure that will allow the firm to independently manage its 1940 Act products.

Michael Sonnenshein, CEO of Grayscale, has remarked:

“We are putting the necessary foundations in place so Grayscale can continue creating and managing regulated, future-forward products.”

The move comes amidst a dispute between Grayscale and the SEC regarding the proposal to convert its flagship GBTC fund into a spot bitcoin ETF.

Grayscale anticipates a final ruling in the court case by the fall. Although the registration statement has been filed with the SEC, the company noted that it has not yet become effective.