Grayscale ETF Global Head David LaValle has resigned, and the company's prospects are being followed.

robot
Abstract generation in progress

According to ChainCatcher news and reports from Unchained, David LaValle, the global ETF head of the encryption asset management company Grayscale, will leave at the end of July, just weeks after the company secretly submitted its IPO application on July 14. LaValle joined in 2021 and has been a key figure behind the transition of GBTC to ETF. Currently, Grayscale is facing frequent leadership changes and pressure from a shrinking asset management scale, with its core product fees higher than its competitors. Against this backdrop, whether its upcoming IPO can tell a sufficiently attractive "growth story" for investors remains to be tested by the market.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)