Crypto ETF = New Type of Assets And Indexes

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This is according to a Grayscale executive.

In this video I discuss how the is the sentiment we have discussed. There will likely come a day where we have weighted indexes based upon crypto. We also could see a variety of derivatives created, which are even built on top of other Wall Street crypto products.

Here is a link to the article:

https://cointelegraph.com/news/crypto-etfs-expand-new-asset-types-indexes-grayscale-executive?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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These are interesting developments. The big corporations are really going deep into crypto now. If this becomes successful, I can see any crypto that becomes really popular easily included in these. Because of crypto's volatility and their deep pockets, they can easily play with the prices and make a lot of profit.

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It will be interesting to see how they go into it. Right now, my observation is we are seeing finance. Wall Street is all over it. I am not sure how much traction it is getting within different types of companies. I havent heard of any stories of companies experimenting with it.

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I think that in any case, corporations will be extremely cautious in conditions of high risks, they do not buy expensively, which means that there is no hope that they will become active whales that will absorb crypto like plankton at any price. :) !VSC

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