Share this article
BTC
$78,989.77
+
0.06%ETH
$1,560.66
-
1.55%USDT
$0.9996
+
0.00%XRP
$1.9127
-
2.02%BNB
$556.16
+
0.46%USDC
$0.9999
-
0.01%SOL
$107.07
+
0.22%DOGE
$0.1488
-
1.03%TRX
$0.2282
-
1.10%ADA
$0.5841
+
0.95%LEO
$8.9261
+
0.57%TON
$3.0764
+
3.80%LINK
$11.48
+
1.35%XLM
$0.2330
-
1.23%AVAX
$16.71
+
3.46%SHIB
$0.0₄1140
+
0.36%SUI
$2.0392
+
6.43%HBAR
$0.1499
+
5.96%OM
$6.2711
+
7.00%BCH
$276.95
+
1.33%Sign Up
- Back to menuNews
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menuSponsored
- Back to menu
- Back to menu
- Back to menuResearch
- Back to menuWebinars & Events
- Back to menu
ETF Issuer Partly Owned by Grayscale Changes $BTC Ticker Back to $PIFI
The ETF issuer raised eyebrows last month when it switched its ticker symbol to $BTC after an investment from digital asset manager Grayscale.
Exchange-traded fund (ETF) issuer ClearShares has changed one of its ETF ticker symbols from $BTC back to its original symbol, $PIFI.
STORY CONTINUES BELOW
Last month, the issuer changed the ticker symbol to $BTC at the same time that Grayscale, the world’s largest digital asset manager, took an equity stake in the company. Grayscale is a subsidiary of Digital Currency Group, CoinDesk’s parent company.
Neither ClearShares nor Grayscale would comment on whether the ticker conversion was part of a future bitcoin ETF, but Grayscale did say that its ownership stake in ClearShares was part of its “long-term commitment to bring digital currency ETFs to market.”
Grayscale has previously listed a number of job openings for ETF specialists.
