Grayscale, Bitcoin and Ethereum ETF Operator, Files to Go Public on NYSE
Grayscale Investments has submitted paperwork to go public on the New York Stock Exchange, the firm confirmed, signaling a major step for the asset manager behind several high-profile Bitcoin and Ethereum exchange-traded products. The filing highlights Grayscale’s evolution from crypto fund pioneer to a company pursuing broader access to public capital markets and the heightened scrutiny and disclosure that come with a US listing.
A public listing would provide Grayscale with new sources of capital and the transparency expected of public companies, potentially accelerating product development and distribution for BTC and ETH exposures. The filing did not include specifics on valuation or timing; market participants and regulators will be watching closely to see how the IPO shapes institutional adoption, liquidity for crypto ETFs, and competition in the fast-moving digital-asset space.