Asset management firm Grayscale Investments is looking to expand its offering to include privacy-centered ETFs and as such, it is now seeking approval for a new application filed with the United States Securities and Exchange Commission (SEC).
Grayscale’s Privacy-Focused ETF Awaiting SEC Greenlight
Amidst the growing outflows on Grayscale’s Bitcoin Trust (GBTC), the firm is gradually pivoting to other forms of exchange-traded products (ETP). This potential privacy-centered ETF will be an index-based fund designed to track the performance of companies across five key sub-themes of the data privacy sector.
The sub-themes are data service solutions, cyber service providers, blockchain-based privacy solutions, network and communication security providers, and privacy-preserving protocols. Companies that will be eligible for inclusion are those that can derive about 50% of their revenues from these sub-themes.
Eligible firms are required to publicly trade in the United States, non-US de

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