US stockmarket – small, little-known ETF to change its ticker code to BTC …

US stockmarket – small, little-known ETF to change its ticker code to BTC …

Its all part of a plan from Grayscale Investments (that run the world’s biggest cryptocurrency trust).

  • Grayscale has bought a stake in small ETF provider ClearShares
  • simultaneously announced the step of changing the ticker symbol for ClearShares $32m  Piton Intermediate Fixed Income exchange-traded fund from “PIFI” to “BTC” 

While ClearShares remains a bond fund …. “Grayscale has taken an ownership stake in ClearShares as part of its long-term commitment to bring digital currency ETFs to market, with the potential to collaborate on products with investment strategies related to the digital currency industry” 

The BTC bus rolls on … (yeah, its a tram 😀 ) 

Its all part of a plan from Grayscale Investments (that run the world's biggest cryptocurrency trust).

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