According to Forbes, Grayscale recruited Dave Lavalle as its "Global Head of ETFs" to accelerate the ETF adoption of its digital assets. As of August 3, Grayscale has managed a total of 34.5 billion U.S. dollars worth of digital assets, with a total of 15 EPTs. The largest two of them are GBTC and ETHE, with scales of US$25 billion and US$7.9 billion, respectively. Prior to this, the SEC has repeatedly rejected Bitcoin ETF applications from different institutions. Dave Lavalle has spent most of his career dealing with ETFs. Dave Lavalle considers GBTC to be "relatively optimistic" for being approved by the SEC as an ETF. GBTC has a premium of more than 40% in the hottest period of the market, and the current premium is -11.86%.Source
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