An Insider’s View of the Spot Bitcoin ETF Launch
About This Episode
The SEC's approval of spot bitcoin ETFs was a watershed moment for crypto in the US. Grayscale's flagship product, GBTC, continues to be a compelling offering for investors looking to access a bitcoin ETF with liquidity, tight spreads, high trading volumes, and a decade-long track record of operational success. Since launch, GBTC has dominated trading volume, and outflows have moderated over the last few trading sessions. Grayscale is dedicated to providing investors with exposure to digital assets in the form of a security without the challenges of buying, storing, and safekeeping crypto.
About Our Guest
David LaValle is senior managing director, global head of ETFs at Grayscale Investments, the world’s largest digital currency asset manager.
LaValle has over 20 years of experience in financial services and a proven executive management track record. LaValle’s expertise covers the broad finance industry, the Indexing landscape, and the exchange- traded product (ETP) ecosystem, including extensive knowledge in trading, distribution, capital markets, stock exchanges and regulatory engagements.
Prior to joining Grayscale, LaValle was the chief executive officer of Alerian and S-Network Global Indexes. In that role, LaValle was responsible for all facets of the business including leading the firm’s growth and business transformation strategy, formulating and overseeing the executive management team and representing the firm as a frequent spokesperson for press engagements and events.
Previously, LaValle was the U.S. head of SPDR ETF capital markets and a member of the senior leadership team at State Street Global Advisors, a $3.5 trillion-dollar global asset manager. Prior to State Street, LaValle led Nasdaq’s Exchange Traded Product Marketplace where he was responsible for all aspects of strategy and business development for Nasdaq’s ETP listing and trading businesses. Before joining Nasdaq, LaValle was a member of the New York Stock Exchange and American Stock Exchange where he managed trading businesses.
LaValle earned his Bachelor of Arts degree from Georgetown University, served on the Security Traders Association of New York (STANY) Board and is a current member of the Wall Street Rides FAR charity advisory board.
Show Notes
Here are some links to learn more about Grayscale:
- January market commentary on spot bitcoin ETFs
- White paper: The Role of Crypto in a Portfolio
- My previous podcast with David
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