Grayscale se prépare à la course des ETF Bitcoin malgré l’incertitude réglementaire

Un des événements les plus attendus concernant le Bitcoin aux États-Unis est l’approbation d’un fonds négocié en bourse (ETF) basé sur cet actif numérique. Un feu vert pour un tel produit rendrait réellement le Bitcoin accessible au grand public. Bien qu’un ETF ne soit pas indispensable à la prospérité du Bitcoin, il est largement admis qu’il accélérerait sa croissance déjà impressionnante.

While various companies prepare for this eventuality in the U.S., other countries such as Brazil continue to approve ETFs based on digital assets.

Grayscale + BNY Mellon

In late June, we touched on Bitcoin ETFs within the U.S., and a pair of fresh applications for such a product.  Despite the state of limbo in which these applications find themselves, companies such as Grayscale investments continue to prepare for an ETF.  This was just made evident as the company announced a strategic partnership with BNY Mellon – the world’s largest custodian of financial assets.  This partnership, which is said to give Grayscale ‘improved scalability, resiliency, and automation’ will see BNY Mellon take on various roles.

• Comptabilité du fonds
• Administration
• Services d’agence de transfert
• Services d’ETF

Grayscale specifically notes that this move was taken in anticipation of the eventual conversion of its Bitcoin Trust in to an ETF.

Grayscale Investments CEO, Michael Sonnenshein, commented on this partnership,

“S’associer à BNY Mellon est une étape importante dans le cadre de notre engagement à convertir le Grayscale Bitcoin Trust en un ETF… BNY Mellon jouit d’une réputation de longue date en tant que fournisseur de confiance et a mis en place l’une des premières équipes dédiées au service de la classe d’actifs de monnaie numérique en pleine croissance. Nous sommes heureux que BNY Mellon rejoigne un groupe de fournisseurs de services de premier ordre de Grayscale, nous aidant à offrir une expérience d’investissement fluide et leader du secteur.”

The Grayscale Bitcoin Trust (GBTC) is already a wildly popular investment product, with over $20 billion in assets at time of writing.  Despite moves such as these, there has been no indication that the SEC will change its tune on a Bitcoin ETF any time soon.

Brazil

Moving south of the United States, the situation surrounding ETF’s based on digital assets is much clearer.  Months-ago Brazil became one of the first nations to approve a Bitcoin based ETF.  Since that time, multiple others have been approved, with the most recent example built on another top digital asset – Ethereum.

This move, which was made possible through custodial services on offer by Gemini, is being spearheaded by QR Capital.  It will see its upcoming fund listed on B3 stock exchange.

QR Capital note that by offering this Ethereum based ETF, investors can « obtenir une exposition directe à l’Ethereum » in a simple and safe manner « without worrying about registrations in exchanges, wallets, or private keys ».