Grayscale Investments has announced the expansion of its ETF team

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Grayscale Investments has announced the expansion of its ETF team, signaling anticipation for an imminent decision in its ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC). The company took to Twitter to declare, “Our ETF team is hiring,” accompanied by an eye emoji.

Recently, Grayscale posted two new job positions on LinkedIn: a product specialist and a senior associate for its ETF team. These postings have already attracted over 50 applicants. The senior associate’s role involves contributing to investment product development ideas and collaborating with the ETF team to bring them to fruition. On the other hand, the product specialist will liaise with various teams, including sales, operations, marketing, and product, to enhance the investor experience, especially concerning ETFs.

ETF Newz Says:

Last year, Grayscale faced a setback when the SEC rejected its proposal to transform the Grayscale Bitcoin Trust (CBTC) into a spot Bitcoin ETF. This led Grayscale to challenge the SEC’s decision in court. Industry experts, including Bloomberg Analyst James Seyffart, speculate that a verdict on this lawsuit might be delivered as early as this week.

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