Grayscale, a digital asset management company might be on the verge of trying to introduce a Bitcoin exchange-traded fund (ETF), as indicated by the latest job postings.
However, the nine job posts significantly indicate that a New York-based company is planning an ETF business. The listings are updated, although the company tweeted a link to its job boards on Tuesday evening. Grayscale is a subsidiary of Digital Currency Group.
The business has since quite a while ago clamored for an ETF, with different firms recording applications to the U.S. Securities and Exchange Commission (SEC) back in 2013. Grayscale has beforehand not applied for an ETF.
The work postings all allude to Grayscale’s ETF business, however, the firm doesn’t as of now offer any exchange-traded items. It offers various digital currency trusts, bitcoin being the boss among them, that exchange at a higher cost than expected to the spot cost.
Another posting requires an ETF Market Maker Relationship Manager, who might be entrusted with growing new associations with market producers while keeping up existing ones for the ETF business. The employment opportunities come a long time after the Grayscale Bitcoin Trust and Ethereum Trust both started exchanging at limits to the spot cost of bitcoin, turning around long stretches of exchanging along with some hidden costs.
Contender for this position would have to have, Experience in cooperating with FINRA, SEC, NYSE, CBOE, NYSE ARCA, and additionally different securities trades, either straightforwardly or in a joint effort with Compliance and Legal staff, the work posting said.
Industry specialists accept that a bitcoin ETF, which the SEC has over and again dismissed, may, at last, come around in the U.S. this year, taking note of both the Canadian endorsements just as a new authority at the securities controller.
