ETF Store President: Strategic Acquisition of Grayscale Could Mean a Lot to Traditional ETF Issuers If Priced Right

Assuming the price is right, a strategic acquisition of a company like Grayscale makes a lot of sense for the right traditional ETF issuer," said Nate Geraci, president of consulting firm ETF Store. Though only two weeks old, the spot bitcoin ETF circuit is already competitive and has clearly turned into a game of scale given how low the expense ratios are. Traditional ETF issuers can quickly add assets under management, gain business operations expertise, and gain some 'crypto credibility' by acquiring crypto-fund homegrown companies."